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20 Lysnar Street, Okitu, Gisborne

Surf out front/income out back

gavel

Auction

House
House
Bedroom
5
Bathroom
2
Floor area
270m2
Land area
809m2
Title type
Freehold
Garage
1
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Open homes

Sunday
2:00pm - 2:30pm
28
Jun

Auction

Thursday
12:00pm
Property Brokers, 66 Reads Quay, Gisborne
16
Jul

Property details

Listing # GIU227860 | Listed on 19 June

A rare opportunity to secure a substantial family home in one of Gisborne's most sought-after coastal locations. Set on a generous section just an easy stroll from the beach, surf club, local dairy and one of New Zealand's premier surf breaks, this property offers space, flexibility and outstanding potential.

The large two-storey home features three spacious bedrooms, two toilets, and elevated views, with bright, sunny living areas and the warmth of a wood-burning fireplace. While the interior could benefit from some freshening up, the home provides a solid foundation with plenty of scope to add value and make it your own. Adding to the appeal is a fully consented, self-contained two-bedroom flat, currently returning excellent rental income - ideal for extended family, guests, or as a valuable investment stream.

Vacant and ready for immediate possession, this is a property that offers options: move straight in, renovate over time, or enjoy the income while planning your future vision. With the vendor committed to leaving, this is a genuine opportunity to purchase in the tightly held Okitu market.

Large home, income potential, beachside lifestyle and endless possibilities - properties like this are rarely available.

Call Shane Murrell right now, don't wait 0211008980

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Additional features

Roofing: Long Run
Exterior Cladding: Fibre Cement: Fibrolite/Hardiplank/Harditex//Linea
Exterior Joinery: Aluminium
Lot Features: Fenced - Partial, Landscaped Garden, Street Frontage
Rooms: Dining - Combined Kitchen, Separate Laundry
Internal Features: Heat Pump, Woodburner

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