111 Russel Street, Gladstone, Invercargill Exceptional Home & Income Opportunity

Available PropertyFiles:

  • 20241003 - REA Selling or Buying Guide.pdf
  • 20241112 - Raine & Horne - Statement of Passing Over of Information.pdf
  • 20250429 - Raine & Horne - Complaints Procedure.pdf
  • Property Inquiry Report - 111 Russel Street.pdf
  • Property files (1) - 111 Russel St.zip
  • Property files (2) - 111 Russel St.zip
  • Property files (3) - 111 Russel St.zip
  • Title - 111 Russel St.pdf

Property Description

Welcome to 111 Russel Street Gladstone Invercargill. Investors and opportunity seekers will immediately recognise the value offered by this versatile and income-generating property. Cleverly configured to maximise rental potential, this substantial residence provides three separate accommodation options under one roof.

Upstairs, a spacious three-bedroomed home offers comfortable north facing living living and separate dining and kitchen, creating a warm and functional space suited to long-term tenants or owner-occupiers. Elevated from the street, this level enjoys privacy and a traditional home layout.

Downstairs, the property has been thoughtfully arranged into two self-contained one-bedroom units, each offering independent living. These well-defined spaces provide excellent flexibility for tenants seeking privacy, making them highly attractive in the rental market.

With multiple income streams and strong rental appeal, this is a property that delivers both flexibility and financial potential. Rent the entire property to maximise returns, or live upstairs while the two lower units help offset the mortgage. Purchasers will need to do their own due diligence with regards to Healthy Homes certification.

A rare opportunity to secure a home and income investment in a great Invercargill location, where smart configuration meets strong earning potential. Don't wait to contact either Mark (02102715522) or Shelley (02102602412) to discuss all this property has to offer.

Please be aware that this information has been sourced from third parties. View our property information disclaimer here: raineandhorne.co.nz/property-disclaimer

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Terms of Supply

By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.

1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
5. By registering you give consent to receive newsletters from the listing agent and/or PropertyFiles which you may unsubscribe from anytime.

Contact Mark Elder

Raine & Horne New Zealand PTY Limited

Licensed REAA 2008

021 027 15522   mark.elder@invercargill.rh.co.nz   All Listings

Mark’s approach to real estate is best summed up by his personal mantra: 'No legacy is so rich as honesty'

After 22 years of owning three successful restaurants in Invercargill, Mark decided to follow his passion for real estate in 2015.

His success as a licensed salesperson led him to purchase Raine & Horne Real Estate Invercargill with his wife, Shelley White. Together, they’ve helped put Invercargill real estate on the map.

Mark is committed to meeting and exceeding clients’ needs. His eye for detail and ability to thrive under pressure results in amazing outcomes for customers every time.

Buying and selling your home is a personal — and often emotional — experience. Mark makes sure every action is made in your best interests, so you can relax knowing you’re in safe hands. With his expertise in customer service, Mark delivers exceptional results without the stress.

Outside of work, Mark enjoys the company of his wife and three children, travelling New Zealand and improving his golf.


Contact Shelley White

Raine & Horne New Zealand PTY Limited

Licensed REAA 2008

021 0260 2412   shelley.white@invercargill.rh.co.nz   All Listings

Property has always been Shelley’s passion. So, when the opportunity arose to take over the Raine & Horne Real Estate Invercargill franchise, she jumped at the change to pursue her dreams of selling property.

After 30 years in the hospitality industry – 20 of them owning her own cafes and restaurants, Shelley is no stranger to hard work. Her history in customer-focused industries helped her hone her business acumen and communication skills. She prides herself on taking the time to build relationships, understand your needs and put together a plan achieve your goals.

Working in the Invercargill franchise with husband Mark Elder, Shelley is used to managing competing priorities to achieve results under pressure. She thrives on meeting and exceeding high customer expectations with honesty and integrity.

Shelley’s experience and enthusiasm combined with the commitment go the extra mile will help you get the results you need.

Outside of work, Shelley loves to spend time with her family and explore New Zealand with her husband.