FOR SALE
$1,950,000

19 Turanga Road
Gisborne VIC 3437

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 4005m2
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ENORMOUS POTENTIAL IN PRIME LOCATION - 4,005 SQM (APPROX.)

This substantial landholding presents a superb opportunity that is certain to generate interest from investors, developers, and indeed those looking to take on a project.
The enormous allotment (approx. 4,005 m2), tucked away at the end of a court, presents many options (STCA).
You may desire to completely redevelop the site (STCA), renovate and extend, or sit on the location as a long term investment.
Offering a prime location, within an easy stroll to the delightful Gisborne township and local Primary and Secondary schools.
With such a sought after location and large allotment, you are absolutely spoiled for choice.
Don't miss out on this outstanding opportunity.
Contact Jason Kennedy today on 0417 383 235.
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DISCLAIMER: All dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the Vendor or Agent. All prospective buyers must undertake their own due diligence.
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Property Details for 19 Turanga Rd, Gisborne

19 Turanga Rd, Gisborne is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 4005m2. The place is currently for sale with Kennedy & Hunt Real Estate.

Building Type
House
Land Size
4005m2

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About Gisborne 3437

The size of Gisborne is approximately 96.4 square kilometres. It has 33 parks covering nearly 38.2% of total area. The population of Gisborne in 2011 was 7,289 people. By 2016 the population was 8,982 showing a population growth of 23.2% in the area during that time. The predominant age group in Gisborne is 0-9 years. Households in Gisborne are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gisborne work in a professional occupation. In 2011, 79.7% of the homes in Gisborne were owner-occupied compared with 80.2% in 2016.

Gisborne has 5,653 properties. Over the last 5 years, Houses in Gisborne have seen a 17.45% increase in median value, while Units have seen a 12.36% increase. As at 30 November 2024:

  • The median value for Houses in Gisborne is $953,736 while the median value for Units is $566,005.
  • Houses have a median rent of $640 while Units have a median rent of $495.
There are currently 91 properties listed for sale, and 22 properties listed for rent in Gisborne on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Gisborne.

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Jason Kennedy
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