480 Palmerston Road, Te Hapara, Gisborne, 4010, New Zealand

Golden Real Estate 101, location, potential and … subdivision !

Whether looking for a family home, an investment property, or a project that you can add value to, 480 Palmerston Road ticks every one of those boxes. Here is what you need to know about this awesome property.

LOCATION – only moments from city central, and close to so many schools, and sporting facilities, everything is literally a quick stroll away;

FAMILY HOME – Solid and sound, here you have a robust property that has stood the test of time. A big open plan living/dining area ensures family time is a breeze, and, for those times you all need a little bit of space; this property has four bedrooms, plus a utility room and a double garage/workshop.

DEVELOPERS – Whether to simply landbank now or act immediately. The strategic position of the main home enables a relatively effortless subdivision into two fee-simple lots.

INVESTOR – A great addition to your property portfolio. Add to that, the four bedrooms, and an extra outdoor hobbies room this makes for an excellent little returner. Of course, naturally given the section size, this property is well suited for an additional 2nd dwelling.