Overview
- Updated On:
- April 27, 2026
- 4 Bedrooms
- 2 Bathrooms
- 160.00 m2
Property Description
A fully renovated 4-bedroom freehold house in Gisborne — the easternmost city in New Zealand and the first in the world to see the sunrise each day. This property sits on a full freehold 650sqm section with no body corporate fees and delivers an estimated gross yield of 6.8% at current market rents.
Gisborne is an emerging value market for APAC investors seeking high land content at entry-level prices not available in Auckland or Wellington. The property is fully tenanted with a long-term lease in place, providing immediate income from settlement. Renovation is complete — new kitchen, bathroom, roof, and insulation — with no deferred maintenance. For Indian and South Asian investors in particular,
Gisborne represents the NZ property market before mass international discovery: high yields, low competition from offshore buyers, and a stable English-language legal environment. Hindi-language enquiries welcome. Contact Rajan Mehta directly.
📌 Sample Listing: This property is a sample listing created to demonstrate how high-yield New Zealand regional freehold homes are presented on AsetraX. All details, including tenancy and yield figures, are illustrative only. AsetraX is currently in beta. Enquire About Listing Your Property →
- Principal and Interest
- Property Tax
- HOA fee
- Private Mortgage Insurance
