Back Ormond Road

Gisborne | Gisborne

Land of the Long

White Cloud

View Photos Watch Film 360° VTour Open House

Ray White Gisborne

Presented At

$4,000,000

Bedrooms

Bathrooms

Living

7,966

SQFT

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 1

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 2

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 3

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 4

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 5

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 6

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 7

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 8

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 9

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 10

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 11

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 12

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 13

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 14

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 15

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 16

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 17

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 18

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 19

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 20

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 21

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 22

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 23

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 24

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 25

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. - Photo 26

577

Back Ormond Road

Gisborne | Gisborne

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand. , Gisborne , Gisborne

Acton Estate

As you enter the gates to Acton Estate, you are transported back to a time of elegance and majesty. Everything was well thought through and designed just to be relished and enjoyed. Acton is a registered building of the NZ Historic Places Trust, and has not only been kept to an extremely high standard but also strengthened to have higher structural integrity than at its original conception, preserving it for years to come.

A beautiful property like this, completely tucked away and private, yet easily accessible and close to town doesn’t come around often. The grand gardens with specimen trees, heirloom orchard plantings and flower beds with beautiful walkways could have you lost in time for hours on end. Once you approach the house, the sheer magnitude of its size and beauty will have you transfixed.

The majesty of the property is manifested throughout the 740sqm ornately designed home. With 10 bedrooms, a large dining hall, billiards room, formal lounge, service lounge / dining, extensive entry, office, commercial standard kitchen, cottage, tennis court, golf course, large barn / stables on 8.52 hectares of beautifully planned out and maintained land, calling Acton Estate a rare opportunity is an understatement.

Acton was originally created as a private residence but over its 117 years of life has also been run as a hotel, bed and breakfast, company guest house, wedding and event venue, and opened its gardens up to the public for viewing numerous times. Whatever thought Acton Estate stirs within you, make a time for a private viewing or simply get in touch for further information to make the most of this golden opportunity.

For further property information and direct document downloads please visit [hidden information], 3D tour available on request

International Tender Closes: 4pm, Thursday 11 July 2024 (GMT+12)
152 Grey Street, Gisborne

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577

Back Ormond Road

Gisborne | Gisborne

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Property Location

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand., Gisborne Gisborne

Local Weather & Climate

Gisborne, Gisborne

Current Conditions Updated recently

62 °F

Moderate rain

Feels Like 62°F

Humidity 87%

Wind 13 mph

Visibility 6.2 mi

Sunrise 6:15 PM

Sunset 6:11 AM

5-Day Forecast

Thu 26 Mar

Rain

High 63°

Low 61°

Fri 27 Mar

Rain

High 66°

Low 61°

Sat 28 Mar

Clouds

High 77°

Low 61°

Sun 29 Mar

Clouds

High 74°

Low 63°

Mon 30 Mar

Clouds

High 75°

Low 61°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Gisborne?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

NZ$

Down Payment

NZ$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for New Zealand. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on New Zealand tax year 2025 (fiscal year: April-March), rules effective from 2021. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$4,000,000

577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand.

Gisborne, Gisborne

10 Beds

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Market Opinion

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Our perspective on current market conditions in Gisborne. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $400,000,000 20% down ($80,000,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$34,372/day

Your home may appreciate while you sleep

$241,264/week $1,045,479/mo $12,545,746/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$220.1M

+$312.2M

$312.2M Potential Equity

vs $220.1M lost to rent over 10 years

$80.0M Down Payment Growth

3.9x

10yr

$312.2M

8.1x

20yr

$646.4M

12.6x

30yr

$1,010.2M

Wealth Comparison

×2,405

Equivalent to 2,405 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $1,010.2M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $471.1M +18%

Market $544.7M +36%

Optimistic $628.6M +57%

$312.2M est. equity

20 Years

Conservative $554.8M +39%

Market $741.8M +85%

Optimistic $987.8M +147%

$646.4M est. equity

30 Years

Conservative $653.3M +63%

Market $1,010.2M +153%

Optimistic $1,552.4M +288%

$1,010.2M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand have?

This house at 577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand features 10 bedrooms with 7,966 square feet of living space.

What is the size of 577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand?

This property offers 7,966 square feet of living space.

What is the listing price for 577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand?

This property is listed at $400,000,000, which equals $50213 per square foot.

Is now a good time to buy a home in Gisborne?

Based on current market indicators, Gisborne shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 577 Back Ormond Road, Makauri, Gisborne 4071, New Zealand, Gisborne, Gisborne, New Zealand?

This is a house located in Gisborne, Gisborne. The property is situated in an established neighborhood with convenient access to local amenities and services.