31 Calthorpe Street

Positioned on an expansive 2,041m² allotment, this outstanding property presents an exceptional opportunity for developers, investors or those seeking to create their dream home. Currently zoned residential and offering a comfortable 3-bedroom dwelling with shedding, the site is further enhanced by a secure tenancy on a month-to-month basis, providing flexibility for the buyer. With a generous frontage of 20.3 metres and an impressive depth of 100.6 metres (approx.), the property lends itself to a variety of future possibilities. Plans could include a 6-townhouse development (STCA), a 2-lot subdivision (STCA) or the creation of multiple units to meet the strong local demand for housing. For those seeking something more personal, the block also offers the perfect canvas for a bespoke residence on a rare and substantial parcel of land, enjoying elevated western views across Gisborne village and breathtaking sunsets. The location could not be more convenient, with the Gisborne town centre only a short stroll away. Residents will enjoy easy access to vibrant cafés, boutique shopping, schools, recreational facilities and excellent transport connections, making this one of the most sought-after pockets in the region. Opportunities of this scale and position are rarely offered. Unlock the full potential of this prime Gisborne address today.