Sold

1-8/57 Kana Street,
Mataura, Gore District

16 bedrooms
8 bathrooms
1,629m² land size
630m² building size
House

Price withheld


Chattels

  • Stove
  • Rangehood
  • Extractor Fan
  • Light Fittings
  • Floor Covers
  • Blinds
  • Curtains
  • Drapes

Investment Opportunity!

Amazing opportunity here for the investor who is willing to put in the hard yards and achieve the potential of this amazing freehold property.

Features:
• Comprising of eight units
• 2 one-bedroom
• 4 two-bedroom
• 2 three-bedroom
• Plus garages
• Potential rents range from $300 per week up to $420 per week.

Currently, there are three units occupied at a return of $950 per week, with one waiting on completion of a renovation.

There is a seismic report available with the NBS rating being 70%. Seven of the eight units have Healthy Home Certificates, though they could do with being updated.

Opportunities like this are rare, so not for the faint-hearted, but great rewards at the end.

Auction: 12:00pm, Friday 26 June 2026 @ Ray White Auction Rooms, 33 Arena Avenue, Invercargill (prior bids considered)


Disclaimer - This property is being sold by auction and therefore a price guide can not be provided. All prospective purchasers shall complete their own due diligence, seek legal and expert advice and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents. Land and floor area measurements are approximate, and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (i.e. Regional/City councils, Property-Guru, Core Logic etc). We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence.

Explore the area


School catchments

  • Mataura School Primary Years 1-6 State 0.49km
  • Tuturau Primary School Primary Years 1-6 State 6.3km
  • Te Tipua School Full primary Years 1-8 State 8.2km
  • West Gore School Primary Years 1-6 State 10.7km
  • St Mary's School (Gore) Primary Years 1-6 State integrated 11.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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