26 Oak Street, Mangapapa, Gisborne, Gisborne
Gisborne, New Zealand
Guide Price
$382,910
649,000 NZD
PROPERTY TYPE
house
BEDROOMS
3
BATHROOMS
1
Description
Presented in excellent condition, this well-maintained home offers an outstanding opportunity as either a solid investment or a comfortable family residence in a highly convenient location. The property
features three generous double bedrooms and a well-appointed family bathroom, providing a practical and functional layout suited to both long-term tenants and growing families. The modern, stylish kitchen has been thoughtfully updated and forms the heart of the home, offering a contemporary space that enhances everyday living while adding strong tenant appeal and future value. A real highlight of the home is the sunken dining room, a distinctive feature that creates separation from the main living area and provides a welcoming space for family meals or entertaining guests. Year-round comfort is ensured with heating and air conditioning, complemented by ceiling and underfloor insulation to improve efficiency —
features appreciated by both homeowners and tenants alike. Outside, the fully fenced backyard provides a safe and secure area for children and pets, increasing its appeal as a family home or rental property. A single garage adds further practicality with secure parking and additional storage. Conveniently located close to town, schools, and everyday amenities, this property represents a smart addition to any investment portfolio or an excellent option for families seeking space and convenience. With strong rental appeal, excellent presentation, and a desirable location, this property ticks all the right boxes. Contact Shannon or Karyn today to request the information pack and Healthy Homes report.
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
Shannon Sheridan - The Agency Real Estate 2026 Ltd (Licensed: REAA 2008) - The Agency
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


