283 Kahutia Street, Gisborne, Gisborne, Gisborne
Gisborne, New Zealand
Guide Price
$306,800
520,000 NZD
PROPERTY TYPE
house
BEDROOMS
3
BATHROOMS
1
Description
Our vendors have already purchased their next home and this property must be sold, creating a genuine, time-sensitive opportunity for buyers to secure a fully renovated home at exceptional value. If you've been waiting for the right deal, this is it - the instructions are clear, and a result is required. Completely move-in ready, this charming bungalow is ideal for first-home buyers or investors wanting a smart, low-maintenance purchase without the stress of renovations. With a rental appraisal of $700–$750 per week, the numbers stack up, making this a compelling option for investors looking for strong returns. The hard work has already been done, with new carpet, full rewiring, and plumbing upgrades completed, meaning you can simply move in or rent out from day one. The sunny kitchen captures beautiful morning light, while the rear deck is the perfect spot for coffee or a BBQ at the end of the day. Open-plan dining and lounge areas, complete with fireplace and heat pump, provide a warm and comfortable living space. Three generous bedrooms with double wardrobes offer excellent storage, and the fully fenced section gives peace of mind for families, children, and pets. Set in a highly convenient location, close to Waikanae Beach, cafes, and within easy walking distance to town and restaurants, the lifestyle on offer here is hard to beat. Motivated vendors + completed renovations + prime
location = one serious opportunity. Act quickly - properties in this condition and price range, with vendors this motivated, do not last long. Some of these images have been edited using AI technology.
Location
Open in Google MapsLiving in Gisborne
Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.
Visa
Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.
Learn more: The Complete Guide to Moving to New Zealand→Key Fact
NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.
Learn more: What You Need to Know Before Moving Abroad→New Zealand at a glance
How New Zealand scores for American expats
Cost of buying in New Zealand
Estimated fees and ongoing costs for this property
Closing Costs
3-5% of purchase price
- ·No stamp duty
- ·Legal/conveyancing: NZ$1,500-3,000
- ·Building inspection: NZ$500-800
- ·LIM report: NZ$300-400
Annual Costs
Property Tax
0.3-1.5% of government valuation (varies by council)
Insurance
NZ$1,500-3,000/yr
HOA / Condo Fees
NZ$300-600/mo for apartments (body corporate)
Good to Know
Agent Fees
Seller pays (2.5-4%)
Foreign Buyer Note
Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.
Legal help in New Zealand
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in New Zealand?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
Shane Murrell - Property Brokers Ltd (Licensed: REAA 2008) - Gisborne
Next steps for moving to New Zealand
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
realestate.co.nz
NZD


