
658 Gladstone Road, Te Hāpara
Also 1/658 Gladstone RoadGisborne · Gisborne District
Last sold May 2021
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $870 × 52 weeks = $45,240, against the council valuation of $1,316,000. It is before rates, insurance, maintenance, management and vacancies, so what an owner keeps (the net yield) is lower.
How we worked this out
| Evidence | Points to | Counted |
|---|---|---|
| From its value what rentals in the area typically yield | $872 | 100% |
We read this property as a house with 2 bedrooms. Rentals advertised nearby count most when they are close, recent and alike; the more of them there are, the less the area’s bond figures count. Bond figures are rents agreed in new tenancies, from Tenancy Services, placed within the area by how this property’s council valuation compares with similar homes there.
These are computer-generated guides only, not a rental appraisal.
Sign in to keep private notes on this property and record what you think it is worth.
Home expense estimates
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.
What it would cost to buy 658 Gladstone Road
The lowest rather than the highest is $254 less a fortnight — about $6,602 over the 1 year.
All 17 lenders at 1 year fixed
China Construction Bank4.49%s$2,456/fn
ICBC4.65%s$2,502/fn
Bank of China4.68%s$2,511/fn
AIA New Zealand4.99%$2,602/fn
ANZ Bank New Zealand4.99%s$2,602/fn
ASB Bank4.99%$2,602/fn
Bank of Baroda4.99%$2,602/fn
Police Credit Union4.99%$2,602/fn
Unity Credit Union4.99%s$2,602/fnKiwibank5.15%s$2,650/fn
Bank of New Zealand5.19%$2,662/fn
SBS Bank5.19%s$2,662/fn
The Co-operative Bank5.19%s$2,662/fn
TSB Bank5.19%s$2,662/fn
Westpac New Zealand5.19%s$2,662/fn
First Credit Union5.29%s$2,692/fnKookmin Bank Auckland Branch5.35%$2,710/fn
Principal and interest at the lowest advertised card rate, held for the whole loan — no New Zealand rate is. A guide, not a lending offer or financial advice. How much could you borrow? · Mortgage calculator
658 Gladstone Road as a rental
| Rent, 52 weeks | $45,240 |
|---|---|
| Empty between tenants 2 weeks | −$1,740 |
| Property management 9.2% incl. GST | −$4,002 |
| Maintenance 5% of rent | −$2,262 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $37,236 |
| Interest $921,200 at 5.03%, interest only | −$46,336 |
| Cash flow before tax | −$9,100 |
The rent covers the interest at rates up to 4.04%. That is -2.3% a year on a $395k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area300 m²
- Decade built1960s
- Bedrooms2
- Bathrooms1
- Property categoryUse not published
- CouncilGisborne District
- Valuation #8530-33901
- Valuation date1 Aug 2023
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 numberGS1C/1209
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 2 Deposited Plan 5239, 1,291 m2
- Legal descriptionLot 2 Deposited Plan 5239
- Land area1,294 m²
- Title issued2 Feb 1967
- Land districtGisborne
- Addresses on this property5
Owners and the parties to each instrument are not published on this page. Order the record of title to see them.
Listings
Selling this property, or the agent for it? Import the listing from your agency's site or a portal and it appears here, free: photos, price, open homes and your details, beside the council record buyers are already reading.
Building consents
We hold no building consents for this property yet. The council may hold records we have not seen.
Resource consents
What the council has been asked to allow under the Resource Management Act. None on this property · 11 land use or subdivision consents within 250 m.
Within 250 m
- 5 Feb 2025Subdivision
to subdivide 7 Kowhai Street, Gisborne into 3 separate allotments and one Joint Owned Access Lot.
112775* · Gisborne District215 mGranted - 11 Nov 2024Land use
to change conditions 1, 5, and 33 of resource consent (reference LU-2024-112416-00/NC-2024-112417-00/DL-2024-112475-00) in order to construct and use three dwellings, including site preparation works, at 7 Kowhai Street, Te Hapara, Gisborne.
112416*01 · Gisborne District215 mGranted - 11 Nov 2024Land use
to change conditions 1, 5, and 33 of resource consent (reference LU-2024-112416-00/NC-2024-112417-00/DL-2024-112475-00) in order to construct and use three dwellings, including site preparation works, at 7 Kowhai Street, Te Hapara, Gisborne.
112417*01 · Gisborne District215 mGranted - 20 Jun 2024Land use
**BUNDLED** to construct and use three dwellings, including site preparation works, at 7 Kowhai Street, Te Hapara, Gisborne.
112417* · Gisborne District215 mGranted - 20 Jun 2024Land use
**BUNDLED** To construct and use three dwellings, including site preparation works, at 7 Kowhai Street, Te Hapara, Gisborne.
112416* · Gisborne District215 mGranted - 20 Jul 2021Subdivision
**BUNDLED** To subdivide Lot 10 and Lot 11 DP 4143, which is approximately 1532m2 in area, to create 5 residential allotments and 1 Jointly Owned Access Lot (JOAL). Land use consent is also included to provide for dwellings on substandard sites in terms of size and breaches of the height recession and setbacks from the internal boundary with the JOAL.
110541* · Gisborne District126 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
If it is yours, claiming it puts the council record, the title and what it costs you to hold in one place — and lets you put your lending, insurance and power out to people who compete for them.
We check your name against the registered owner on the title before a claim is accepted. Nothing on this page changes for anyone else, and no provider is contacted until you ask.
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.
We do not hold flood maps for Gisborne District yet.
Contaminated land
Councils keep registers of land used for activities on the Hazardous Activities and Industries List (HAIL) — service stations, timber treatment, orchards, landfills. A listing records how land was used, not that it is contaminated: most sites have never been tested.
We show the sites the district plan schedules as contaminated. Gisborne does not publish a wider register; ask the council or check the LIM.
Ask Gisborne District CouncilWhat 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 Te Hāpara
Counts describe the records we hold for this territorial authority, not a market forecast. OwnBetter has no estimate for this property. Every council figure on this page can be checked against the council's own record.
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Agents active in Te Hāpara
People whose office is within 5 km of Te Hāpara, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.

Claim it, then find everything else you own.
A single search across NZ property records finds other titles in your name and in companies you are a director of. Most owners find at least one they had forgotten was held somewhere else.