Title boundary · 81,860 m² · LINZ
Unclaimed

94 Clover Road West, Hope

Richmond · Tasman District

Last sold Sept 1990

OwnBetter estimate
$1.94m
Medium confidence

We estimate it would sell for $1,940,000 as at 5 October 2026, in a range of $1,660,000 to $2,210,000.

Typical home in Hope
$1.11m
The median of our estimates of its 568 homes
How we worked this out
Council valuation, Sept 2023$1,990,000
Market movement in Tasman District since the council valuation+2.0%
How Hope sells against council values−0.7%
Homes of this age in Hope−1.3%
Homes in this price range−2.4%
Land as a share of the value+0.4%
Nearby recent sales (13)−0.6%
Our estimate$1,940,000

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

94 Clover Road West as a rental

Rent estimate$1,060/wk$920–$1,220 · Little evidence
Gross yield2.8%$55,120 a year on $1.94m
Net yield2.3%After $9,752 of costs
Cash flow−$694/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $1,060
Property manager
Rent, 52 weeks$55,120
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$45,368
Interest $1,358,000 at 6.00%, interest only−$81,480
Cash flow before tax−$36,112
Cash flow a week−$694
Gross / net yield on the price2.8% / 2.3%
Return on equity cash flow on the deposit, before tax−6.2%
Loses money above this interest rate, before tax3.34%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 3.34%. That is -6.2% a year on a $582k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area210 m²
  • Decade built1990s
  • Bedrooms4
  • Bathrooms2
  • Parking6 car spaces
  • Property categoryUse not published
  • CouncilTasman District
  • Valuation #19430-13804
  • Council Property ReportView the council’s report
  • Valuation date1 Sep 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 numberNL6D/412
  • Title typeFreeholdGuaranteedStandard registered title
  • Estate descriptionFee Simple, 1/1, Lot 2 Deposited Plan 11395, 81,920 m2
  • Legal descriptionLot 2 Deposited Plan 11395
  • Land area8.19 ha
  • Title issued20 Apr 1983
  • Land districtNelson
Registered instruments4 registered instruments on this titleVariation of Mortgage ×2 · Building Line Restriction · Mortgage Only routine instruments registered See the title summary →

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

Getting around

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. 1 on this property · 0 land use or subdivision consents within 250 m.

On this property

  1. 27 Feb 2017
    Water permit

    To take and use groundwater for irrigation

    170303 · Tasman District
    Granted

Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents

Unclaimed
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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.

We do not hold flood maps for Tasman 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 Tasman's historic pesticide sites. The rest of its register is not yet published; the LIM, or the council's duty planner, will say what it holds.

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 Hope

Tasman District
706
Properties on the rating roll
1 Sep 2023
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.

The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.

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