Back to Invercargill, New Zealand

1/51 Louisa Street, Gladstone, Invercargill City, Southland

Invercargill, New Zealand

Guide Price

$165,200

280,000 NZD

PROPERTY TYPE

Condo

BEDROOMS

1

BATHROOMS

1

Description

This tidy one-bedroom unit at 51 Louisa Street sits in one of Gladstone's more pleasant pockets โ€” a quiet, tree-lined street that feels a world away from the hustle, yet remains conveniently close to everyday amenities. Set well back from the road and north-facing, the unit gets good sun throughout the day โ€” something you notice the moment you step inside the generous living area with its surprisingly high stud. This is one of four units on the site, each being sold separately on its own crosslease title โ€” so whether you're after just this one or looking to snap up more, the choice is yours. Inside the Unit: Spacious living room with high stud ceiling Updated kitchen One bedroom with built-in wardrobe storage Combined bathroom/laundry with toilet, basin, and washing machine space Outside: Recently replaced roof โ€” a significant and valuable upgrade already done North-facing aspect with good sun Set well back from the road on a quiet street Shared off-street parking area Own crosslease title There's real appeal here for anyone who appreciates a property with character and substance. The unit carries its age well and presents a genuine opportunity to add your own touches over time โ€” the hard work of a new roof is already taken care of, meaning you can focus your energy on the cosmetic stuff at your own pace. Out of respect for our tenant's privacy, we won't be holding open homes for this property. Private viewings are welcome and easily arranged โ€” just get in touch. Make the smart move - contact me today to arrange a viewing. Please be aware that this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand/ Local Council and we have not been able to verify the accuracy of the same. Refer to our Passing Over of Information Statement at: https://www.smr.co.nz/passing-over-of-information Smart Move Residential is Powered by Agent X (2021) Ltd - Licensed Agent REAA 2008

Location

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Living in Invercargill

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 โ€” 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 Zealandโ†’

Key Fact

NZ has strict biosecurity laws โ€” 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 Abroadโ†’
See all New Zealand listings

New Zealand at a glance

How New Zealand scores for American expats

๐Ÿ’ฐCost of Living
Expensive
๐Ÿ›ก๏ธSafety
Very safe
๐Ÿ—ฃ๏ธEnglish Spoken
Widely
๐ŸฅHealthcare
Excellent
๐ŸŒฌ๏ธAir Quality
Clean
๐Ÿ“ถInternet
Moderate
๐ŸšถWalkability
Moderate
๐Ÿš‡Transit
Limited

Cost of buying in New Zealand

Estimated fees and ongoing costs for this property

Closing Costs

3-5% of purchase price

  • ยทNo stamp duty
  • ยทLegal/conveyancing: NZ$1,500-3,000
  • ยทBuilding inspection: NZ$500-800
  • ยทLIM 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.

Interested in this property?

Send us a message โ€” we'll review and reply within 1โ€“2 business days. You'll always see the original portal link too.

View original listing on realestate.co.nz

Legal help in New Zealand

Hire your own attorney โ€” 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 โ€” yours.

Contact Agent

Adam Love - Smart Move Residential Ltd (Licensed: REAA 2008)

Next steps for moving to New Zealand

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

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.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules โ€” the complete pre-move checklist.

Source

realestate.co.nz

Portal listings

Currency

NZD