11 Matthews Road

About this property

If you're looking for a low maintenance property only three minutes drive from the popular surf spot in Wainui Beach - this is the one for you! Four double sized bedrooms ensure space for the whole family (or flat mates), serviced by the large modern bathroom and convenient separate toilet. A recently upgraded kitchen, full of natural light, with open plan layout flows effortlessly into the lounge. A cosy in-built fireplace plus insulation in both the ceiling and underfloor ensures year round comfort. The exterior is in great condition plus the fenced front yard offers easy off street parking, a manageable size lawn and space to add a garden or two. Healthy homes compliant (with certificate) and currently tenanted for $660 per week - that's over a 7% gross yield! Whether you're looking for a cashflow positive option to add to your portfolio, or an easy care first home you won't want to miss this one! For more information or to arrange a time to view contact Monica Lunny today! *Photos were taken prior to current tenancy. Auction: 12pm, Friday 13 November 2026 (unless sold prior) 152 Grey Street, Gisborne

Property features