280 Stout Street, Mangapapa

280 Stout Street, Mangapapa, Gisborne
Five-bedrooms plus sleepout - excellent income

Welcome to 280 Stout Street, a remarkable property that perfectly combines flexibility, comfort, and convenience. This spacious residence is ideal for those seeking a hands-on investment with lucrative rental opportunities. With its thoughtfully designed layout and strategic location, this house is a fantastic investment for savvy landlords. Currently run as a successful Boarding House there are five well-appointed bedrooms, each with a lockable door, ensuring privacy and personal space for all occupants. The property includes two modern bathrooms, separate lounge area and is designed under the Boarding House criteria, this layout allows for room-by-room renting, maximising your rental income potential while providing occupants with a home-like atmosphere. For those who appreciate the convenience of off-street parking there is space for up to six vehicles. The benefit of a garage and a carport secures additional storage options. Situated conveniently close to local shops and essential transport links, residents will enjoy quick access to amenities, including cafes, supermarkets, and recreational facilities. The easy accessibility to public transport ensures commuting is a breeze. Don’t miss the opportunity to own this outstanding property that offers excellent investment returns. Contact us today to arrange a viewing and see for yourself the possibilities this property has to offer.