RateMyAgentGo to search
Back 2/42 Kempthorne Crescent
Active

2/42 Kempthorne Crescent

Mission Bay Auckland

2
1
1
47 m²
Townhouse
Currently for sale - view listing

Overview

Mission Bay Add-Value Rental $125K Below 2023 Sale

Not every opportunity arrives polished. Some arrive priced for action. At 2/42 Kempthorne Crescent, Mission Bay, investors and renovators have a rare sub-$700k entry point into one of Auckland's most recognised coastal suburbs. This vacant 1960s 2-bedroom, 1-bathroom cross-lease townhouse/unit offers approx. 47m2 of floor area, off-street parking and a 1/2 share of 1,255m2. It needs work and that is exactly where the opportunity sits. The vendor paid $795,000 in 2023. Today, the expectation is $670,000, with the 2024 CV also sitting at $670,000. For the right buyer, this is a chance to renovate, improve rentability and hold long-term in a tightly held Mission Bay location. Positioned close to Eastridge, Mission Bay Village, Kohimarama Beach, public transport and local schooling, the property offers location strength that entry-level buyers rarely find at this price point. This is a practical add-value opportunity for investors, renovators, builders and buyers who can see past the current condition. Australian citizens looking at NZ rental opportunities should also take note. NZ residential property has been attracting interest from Australian investors, with commentators pointing to relative affordability, different tax settings, and the fact that Australian citizens can generally buy NZ residential property on similar terms to locals, subject to individual advice. Bring your builder. Bring your property manager. Bring your offer. Deadline Sale: 4pm, 22 July 2026, unless sold prior.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
47 m² floor area
Townhouse

Happy sellers in Mission Bay

62%
62% of sellers in Mission Bay reported that their sale price either exceeded or met their price expectations.

Mission Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in Mission Bay over the last 12 months.

Local market activity for 2 bedroom townhouses in Mission Bay

In the last 12 months, 2 two-bedroom townhouses similar to 2/42 Kempthorne Crescent, have been sold.

This represents a 100% decrease in two-bedroom townhouses sales when compared to the previous 12 months.

RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap