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UnclaimedResidential

8 Percy Street, Akaroa

Christchurch City

Negotiation

  • 5
  • 2
  • 1
  • 658 m²
  • House

Rare charm in a tightly held Akaroa enclave

Tucked away in what is arguably Akaroa's best-kept secret, Percy Street offers an exceptional combination of sun, shelter, and serenity. With long-held ownerships and limited public listings, opportunities to purchase here are exceedingly rare -- making Mulberry Cottage a truly special offering.

This charming home stands proudly within its established garden setting, harmonising beautifully with the neighbouring collection of character and heritage homes. Its north-facing aspect ensures abundant natural light throughout the day, while the sun-drenched deck provides the perfect space to unwind or entertain in comfort and privacy.

The property's current configuration as a three bedroom home with a self-contained two bedroom studio maximises its flexibility and return, operating successfully as short or long-term accommodation. Retained as an investment property or acquired with the adjoining Mulberry House at 9 William Street the offering would be a tantalising 1,694sqm parcel of premium Akaroa land or enjoyed as a private Akaroa retreat, the cottage offers immediate appeal and versatility.

Just a short stroll from the waterfront, boutique shops, cafes, and yacht clubs, Mulberry Cottage represents an astute acquisition in one of Akaroa's most desirable locations -- ideal for buyers seeking both lifestyle and long-term value.

To view the Property Files copy and paste the link below into a new browser: https://www.propertyfiles.co.nz/5528773

Rent estimate · 21 Oct 2026
$580 – $770/week
Most likely about $670 a week · Little evidence: a rough guide
Estimated rental yield
4.5%
What is rental yield?

Gross rental yield is a year’s rent as a share of what the property is worth: $670 × 52 weeks = $34,840, against the council valuation of $780,000. It is before rates, insurance, maintenance, management and vacancies, so what an owner keeps (the net yield) is lower.

How we worked this out
EvidencePoints toCounted
From its value what rentals in the area typically yield$672100%

We read this property as a house. 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.

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

8 Percy Street as a rental

Rent estimate$670/wk$580–$770 · Little evidence
Gross yield4.5%$34,840 a year on $780k
Net yield3.7%After $6,164 of costs
Cash flow−$79/wk30% deposit, interest only at 6.00%
Line
Price Council valuation
Deposit
Interest rate
Rent a week our estimate $670
Property manager
Rent, 52 weeks$34,840
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$28,676
Interest $546,000 at 6.00%, interest only−$32,760
Cash flow before tax−$4,084
Cash flow a week−$79
Gross / net yield on the price4.5% / 3.7%
Return on equity cash flow on the deposit, before tax−1.7%
Loses money above this interest rate, before tax5.25%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.25%. That is -1.7% a year on a $234k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area130 m²
  • Land area657 m²Boundary measures 704 m²
  • Property categoryRD192B
  • Zoning (valuer’s record)9R
  • CouncilChristchurch City
  • Valuation #23961-51700
  • 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 numberCB404/7
  • Title typeFreehold
  • Legal descriptionPart Rural Section 216
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.

Unclaimed
Nobody is tracking this property yet

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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.

What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
2Your lending in the pictureAdd what you owe, or connect the bank, and the equity and LVR stop being a calculation you redo by hand.
3Providers compete for itPut the mortgage, the insurance and the power out to people who want the business — on your terms, when you ask.
4Everything else you ownOne search finds other titles in your name and in companies you are a director of.

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.

Zoning (rating roll)9R

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 Akaroa

Christchurch City
1,286
Properties on the rating roll
1 Aug 2025
Last council revaluation

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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