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3855 Matawai Road, Otoko, Gisborne District

Asking price $455,000

4

2

1

160m²

8,220m²

A bit of land, a lot to love

If you've been dreaming of a rural lifestyle, this is the perfect entry-level opportunity. Set on a manageable 8,220sqm section (more or less) there's enough land to run a few livestock and get a taste for country living, without the demands of a larger block.

The four-bedroom family home features an open plan layout, centered around an impressive wetback log burner that keeps the home warm and power bills low. The main lounge room can be closed off from the spacious dining area, offering the flexibility to create two living spaces, ideal for larger families or those wanting separate areas to relax.

Original and charming, this home is move-in ready while also offering loads of potential for upgrades and personal touches. Each of the four generously sized bedrooms have built-in storage and the master enjoys its own toilet and basin. Convenience is key here with the laundry containing a shower - with direct outdoor access, this is perfect for quick wash offs after a busy day in the paddock. Complete with a large garage for tinkering and tools, there is a lot to love here.

This is a great option for families wanting a slice of the country life, or for retired farmers wanting to stay rural without too much upkeep. Not far from Te Karaka and an easy drive into Gisborne, you get to enjoy the way of life without feeling too isolated.

Affordable home and land opportunities don't come up often, and with vendor motivation high, this is your chance to snap up the lifestyle you've been waiting for.

Boundary lines are indicative only.

For further property information and direct document downloads please visit www.rwgisborne.co.nz/GIS32340

Additional details

Type

Lifestyle Property

Property ID

GIS32340

Listed on

12/05/2025

Updated

3 days ago

Open Homes1

Sun, 29 Jun

02:00PM - 03:00PM

Property insights

OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

OneRoof mentions

Listed for sale on OneRoof for 46 days (last updated on 12 May) and was last sold in 1991 for $75,000. OneRoof now estimates this property to be $495,000 and its latest rating valuation by Gisborne District council is $398,000 as of 2023. There are 4 properties for sale in Otoko.

Property data

Broadband available

Floor area

160m²

Land area

8,220m²

Type of title

Freehold

About the area

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Time (yrs)

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Te Karaka, Gisborne District

Te Karaka is a suburb which lies within the Territorial Authority of Gisborne, one of 61 residential suburbs which form the wider region. Te Karaka is the 15th largest suburb of Gisborne in terms of the total number of residential housing stock. Te Karaka provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1910 - 1919. The majority of the residential housing stock in the locality was constructed between 1960 - 1969. Residential housing stock in Te Karaka is made up of approximately 59% residential housing , 2% residential investment housing and 39% lifestyle properties.

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