Back to Invercargill, New Zealand

3/51 Louisa Street, Gladstone, Invercargill City, Southland

Invercargill, New Zealand

Guide Price

$188,800

320,000 NZD

PROPERTY TYPE

Condo

BEDROOMS

2

BATHROOMS

1

Description

Flat 3 at 51 Louisa Street stands out from the moment you walk in. This two-bedroom unit has been renovated and it shows โ€” fresh, bright, and well-presented, it's the pick of the complex and offers a meaningful step up in quality while remaining an accessible price point. Situated on a quiet, tree-lined street in Gladstone and north-facing, the unit enjoys a lovely aspect and a peaceful setting. Each of the four units on this site is being sold separately on its own crosslease title, making this an accessible standalone purchase โ€” or the start of something bigger if you want to secure more than one. Inside the Unit: Renovated kitchen with modern white cabinetry and dark benchtops Spacious open-plan living and dining area with heat pump Two good-sized bedrooms, both with built-in wardrobes Updated laundry and separate toilet Light, bright feel throughout Outside: Recently replaced roof across the complex North-facing with excellent natural light Shared off-street parking Set well back from a quiet, tree-lined street Own crosslease title With the renovation already completed and a new roof recently installed, this unit is

about as ready-to-go as it gets. Whether you're an investor wanting a well-presented unit with minimal immediate outlay, or an owner-occupier after a comfortable, move-in-ready home, Flat 3 ticks both boxes with confidence. As this property is tenanted, we'll be arranging private viewings rather than open homes โ€” because doing right by our tenant matters. Contact me to organise a time that works for you. 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

Open in Google Maps

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