Built in an era of native timber weatherboards and concrete tile roofs that just 'keep on keeping on', this ex-state house in two separate units offers a marvellous opportunity as a dual-income investment.

Although they share the same roof and section, the individual units have well-defined yards both front and back, as well as separate covered front porches.

The two bedroom interior layout is typical of the era when they were built, and while some original features have been retained, there are also some important upgrades including the combined bathroom/toilet and heat pumps.

Both units have separate laundries, off-street parking and are conveniently close to shops, schools and other amenities.

These units are tidy and are being sold with the tenants in place. The current combined return is $760 per week.

As there are tenants in place, viewings are limited to open homes and I look forward to meeting you there.

Auction: 12pm, Friday 9 October 2026 (unless sold prior)
152 Grey Street, Gisborne