24 Steele Road, Tamarau, Gisborne, Gisborne
Gisborne, New Zealand
Guide Price
$341,610
579,000 NZD
PROPERTY TYPE
house
BEDROOMS
3
BATHROOMS
1
Description
Built in an era when native timber was still routinely used, this solid 3-bedroom home offers serious potential as either a great first home or as a rental investment. Featuring a spacious open-plan kitchen/dining/living area with an attached large deck with built-in seating, there's ample room to accommodate a large family or even a considerable number of visitors on special occasions. Sliding glass doors both front and back let in plenty of natural light and the heatpump ensures year-round comfort. Not to be outdone, the laundry/sunroom also opens out onto the deck and lets in even more natural light. The home has had some tasteful upgrades however there's still plenty of scope to add your own touches as time and finances allow. A concrete driveway leads to a large concrete pad at the rear that used to have a garage over it. The garage has gone but this has resulted in the potential for subdivision with a partitioning fence already in place. Zoned for Wainui School and handily close to shops and beaches, this property offers an affordable option whatever your motivation. For further property information and direct document downloads please visit www.rwgisborne.co.nz/GIS32767
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
Dean MacFarlane - Co-Lab Real Estate Ltd (Licensed: REAA 2008) - Ray White 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


