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Unclaimed

2A Read Crescent, Clive

Also 2 Read Crescent

Hastings District

$540,000

  • 3
  • 1
  • 1
  • Unit
  • 1 Lounge
  • Separate toilet
  • Separate laundry
  • 1 Carport
  • Deck / patio
  • Garden shed
  • Heat pump
Fencing
Partially Fenced
Insulation
Ceiling, Floor
Roof
Iron
Exterior
Brick / Masonry Veneer
Flooring
Carpet, Vinyl
Hot water
Electric
Water supply
Bore

Move-In Ready With Potential

Set in a great Clive location, this well-presented 1980s Hardie Plank and brick home offers a fantastic opportunity for families, first-home buyers, or investors seeking a solid property with potential to add value over time.

Featuring three well-proportioned bedrooms, each with built-in wardrobes, this home provides comfortable and practical living for a range of buyers. The cosy lounge is warm and inviting, complete with both a wood burner and heat pump, while ceiling and underfloor insulation ensure year-round comfort. The spacious kitchen is functional as is, with the opportunity to modernise and create something truly special in the future. The dining area provides the perfect space for family meals and entertaining.

The home is complimented by a bathroom with both shower and bath, a separate laundry, and a welcoming front porch that adds to the charm and character of the property. Outside, the fully fenced section with established hedging provides privacy and security, while the single enclosed carport offers secure parking along with valuable additional storage space. Conveniently located in the heart of Clive, this home provides an easy commute to both Hastings and Napier, while being close to local schools, the Clive River, cycleways, shops, cafes, and the nearby coastline. Whether you are looking for a comfortable home to move straight into, a reliable investment with long-term tenants already in place, or a property where you can add value over time, this is an opportunity worth considering.

Solid homes in great locations like this are always sought after - don't miss your chance to secure your place in Clive.

Open homes 1

Sun, 15 Nov12:00 pm – 12:30 pm
.ics

Added to OwnBetter 30 Oct 2026

OwnBetter estimate
$548k
Medium confidence

We estimate it would sell for $548,000 as at 5 October 2026, in a range of $468,000 to $623,000.

Typical home in Clive
$810k
The median of our estimates of its 767 homes
How we worked this out
Council valuation, Aug 2025$550,000
Market movement in Hastings District since the council valuation−0.6%
Apartments and houses in Hastings District−0.1%
Homes of this age in Clive+0.2%
Homes in this price range+0.4%
Land as a share of the value−0.2%
Nearby recent sales (15)−0.1%
Our estimate$548,000

We start from the council's rating valuation, move it by how sales in the area have moved since against their own council values, then by how properties like this one, nearby sales have done against the same arithmetic. Each step is an average of real sales. Tested every month against sales we had not seen: half land within about 6% of our estimate, and about 8 in 10 within the range. This is an automated estimate, not a registered valuation.

My notes
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What it costs to live here

Home expense estimates

—a month, all in

Estimates from the floor area and typical New Zealand prices, not quotes. Power, gas and internet details from the Electricity Authority and Gas Industry Co registries and Chorus.

Investor insights

2A Read Crescent as a rental

Rent estimate$565/wk$490–$650 · Little evidence
Gross yield5.4%$29,380 a year on $548k
Net yield4.4%After $5,198 of costs
Cash flow+$22/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $565
Property manager
Rent, 52 weeks$29,380
Empty between tenants 2 weeks
Property management 9.2% incl. GST
Maintenance 5% of rent
Council rates this year
Landlord insurance the building
Net income before interest$24,182
Interest $383,600 at 6.00%, interest only−$23,016
Cash flow before tax+$1,166
Cash flow a week+$22
Gross / net yield on the price5.4% / 4.4%
Return on equity cash flow on the deposit, before tax0.7%
Loses money above this interest rate, before tax6.30%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 6.30%. That is 0.7% a year on a $164k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area110 m²
  • Land area1,734 m²
  • Decade built1980s
  • Bedrooms3
  • Bathrooms1
  • Parking1 car space
  • ImprovementsFlat, outbuildings, other improvements
  • Property categoryUse not published
  • CouncilHastings District
  • Valuation #9660-17504-B
  • Valuation date1 Aug 2025

From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.

Title and land

Order a title record
  • Title numbersHBK4/1250, HBK4/1252
  • Title typeFreehold
  • Legal descriptionFlat 2 Deposited Plan 18506; Lot 4 Deposited Plan 9276
  • Addresses on this property2
Registered instrumentsChecking the register… See the title summary →

Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.

Getting around

Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.

Building consents

We hold no building consents for this property yet. The council may hold records we have not seen.

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Zoning and hazards

What the council's published maps say about this land. A map is a model of a storm, not a record of one: a LIM or a flood report says more.

Reading the council's maps…

What could you build here?

See whether a granny flat fits beside the house: the Building Act exemption, the national granny flat rules and the zone’s own. Then ask builders to price the shape you pick.

About Clive

Hastings District
989
Properties on the rating roll
1 Jul 2026
Last council revaluation

Counts describe the records we hold for this territorial authority, not a market forecast. Our estimate above is automated, not a registered valuation; how it was reached is shown with it. Every council figure on this page can be checked against the council's own record.

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