Set in a tightly held, premium location just a stone's throw from Ballance Street Village, this classic villa presents an opportunity that's becoming harder to find.

Full of character and flexibility, the home offers three bedrooms, a well-appointed bathroom, and the added convenience of a second toilet. A central fireplace brings warmth and a sense of comfort, while the layout provides a solid foundation to work with, whether you're looking to move straight in or roll up your sleeves and add value over time.

Currently operating as an office under resource consent, there is the option to continue this use (subject to council approval), making it an appealing prospect for those wanting a home-and-income style setup or a well-located workspace. Alternatively, return it to its roots as a residential home and make the most of what is a genuinely sought-after position.

Outside, the practicality continues with a double garage and ample off-street parking, a real bonus this close to town.

For first home buyers, this is an entry into a premium pocket. For investors or renovators, it's a chance to unlock value in a location where the upside is clear.

With good bones, undeniable character, and a location that speaks for itself, this is one you'll want to act on.

For further property information and direct document downloads please visit www.rwgisborne.co.nz/GIS32997

Auction: 10am, Saturday 18 April 2026 (unless sold prior)
152 Grey Street, Gisborne