Aerial · LINZ aerial
Shared parcel · 877 m² · LINZ
Unclaimed

57B Ventry Street, Alexandra

Central Otago District

$679,000

  • 2
  • 1
  • 1
  • 126m²
  • Townhouse

STEP INSIDE AND BE SURPRISED

Looking for a townhouse that offers more than meets the eye? This tastefully refurbished two bedroom home has been transformed into a modern, fresh and vibrant haven that is sure to impress.

Step inside and be pleasantly surprised by the generous open plan layout. The stylish kitchen flows seamlessly into the dining area and adjoining living space, creating the ideal environment for everyday living and entertaining alike. Adding even more versatility, the conservatory extends the living area and opens out to a private courtyard, an ideal spot to relax, unwind, or enjoy time with family and friends.

The spacious bathroom features both a shower and a bath, catering to all lifestyles, while a separate toilet adds extra convenience. Completing the package is a single internal access garage incorporating the laundry area.

Positioned within easy reach of the town's amenities, this well presented townhouse delivers comfort, convenience and surprising space in equal measure.

Properties like this don't stay on the market for long. Call today to arrange your viewing, this one's a real goodie!

OwnBetter estimate
$615k
Medium confidence

We estimate it would sell for $615,000 as at 5 October 2026, in a range of $552,000 to $700,000.

Typical home in Alexandra
$755k
The median of our estimates of its 2,220 homes
How we worked this out
Council valuation, Sept 2025$600,000
Market movement in Central Otago District since the council valuation+6.0%
Apartments and houses in Central Otago District+0.2%
How Alexandra sells against council values+0.3%
Homes of this age in Alexandra−0.5%
Homes in this price range+0.4%
Its own sale in 2024−3.6%
Our estimate$615,000

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 and its own last sale 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.

Part of 24 Matau Street · Unit Title One of 3 units on Deposited Plan 21894. The boundary on the map is the whole building's — a unit title sits over the parcel the development shares. See the whole building →
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

57B Ventry Street as a rental

Rent estimate$595/wk$510–$680 · Little evidence
Gross yield5.0%$30,940 a year on $615k
Net yield4.1%After $5,474 of costs
Cash flow−$7/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $595
Property manager
Rent, 52 weeks$30,940
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$25,466
Interest $430,500 at 6.00%, interest only−$25,830
Cash flow before tax−$364
Cash flow a week−$7
Gross / net yield on the price5.0% / 4.1%
Return on equity cash flow on the deposit, before tax−0.2%
Loses money above this interest rate, before tax5.92%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.92%. That is -0.2% a year on a $185k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area126 m²
  • Decade built1980s
  • Bedrooms2
  • Bathrooms1
  • Parking1 car space
  • Property categoryUse not published
  • CouncilCentral Otago District
  • Valuation #28532-7900-B
  • Valuation date1 Sep 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 numberOT13D/47
  • Title typeUnit Title
  • Legal descriptionUnit B and Accessory Unit B1 and B2 Deposited Plan 21894
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.

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 Alexandra

Central Otago District
2,805
Properties on the rating roll
1 Sep 2025
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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