4C Old Bridge Road, Bridge Hill
Alexandra · Central Otago District
Last sold Mar 2005
We estimate it would sell for $493,000 as at 5 October 2026, in a range of $422,000 to $561,000.
How we worked this out
| Council valuation, Sept 2025 | $460,000 |
|---|---|
| Market movement in Central Otago District since the council valuation | +6.0% |
| Apartments and houses in Central Otago District | +0.2% |
| How Bridge Hill sells against council values | +0.4% |
| Homes of this age in Bridge Hill | −0.3% |
| Homes in this price range | −0.6% |
| Land as a share of the value | −0.2% |
| Nearby recent sales (15) | +1.7% |
| Our estimate | $493,000 |
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.
Sign in to rate this property, keep private notes on it and record what you think it is worth. Only you see them.
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.
4C Old Bridge Road as a rental
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $530 | ||
| Property manager | ||
| Rent, 52 weeks | $27,560 | |
| Empty between tenants 2 weeks | ||
| Property management 9.2% incl. GST | ||
| Maintenance 5% of rent | ||
| Council rates this year | ||
| Landlord insurance the building | ||
| Body corporate levy operating levy | ||
| Net income before interest | $22,684 | |
| Interest $345,100 at 6.00%, interest only | −$20,706 | |
| Cash flow before tax | +$1,978 | |
| Cash flow a week | +$38 | |
| Gross / net yield on the price | 5.6% / 4.6% | |
| Return on equity cash flow on the deposit, before tax | 1.3% | |
| Loses money above this interest rate, before tax | 6.57% | |
The rent covers the interest at rates up to 6.57%. That is 1.3% a year on a $148k deposit. We don’t know this unit’s body corporate levy yet: type it in, or ask the agent for the disclosure statement. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area90 m²
- Decade built1990s
- Bedrooms2
- Bathrooms1
- Parking1 car space
- Property categoryUse not published
- CouncilCentral Otago District
- Valuation #28541-600-C
- 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 and land
Order a title record- Title numberOT13B/253
- Title typeUnit TitleGuaranteedStandard registered title
- Estate descriptionStratum in Freehold, 1/1, Unit C and Accessory Unit C1 and C2 Deposited Plan 20146
- Legal descriptionUnit C and Accessory Unit C1 and C2 Deposited Plan 20146
- Title issued4 Jul 1990
- Land districtOtago
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 · 9 land use or subdivision consents within 250 m.
Within 250 m
- 21 Jul 2022Subdivision
Change to condition 14 Lots 2 to 4 onsite SW attenuation
200249V3 · Central Otago District199 mGranted - 15 Apr 2021Subdivision
subdivision consent for a two-lot subdivision; and land use consent for a breach of yards and to breach the sense of amenity, security and companionship requirements in the Residential Resource Area at 3 Earnscleugh Road, Alexandra. In addition to this, the application seeks to cancel a Building Line Restriction Notice, ref: 272163, registered to the Record of Title.
210110.1 · Central Otago District100 mGranted - 15 Apr 2021Land use
subdivision consent for a two-lot subdivision; and land use consent for a breach of yards and to breach the sense of amenity, security and companionship requirements in the Residential Resource Area at 3 Earnscleugh Road, Alexandra. In addition to this, the application seeks to cancel a Building Line Restriction Notice, ref: 272163, registered to the Record of Title.
210110.2 · Central Otago District100 mGranted - 20 Feb 2019Land use
Land use consent for a multi unit development in the Residential Resource Area.
190059 · Central Otago District123 mGranted - 27 Apr 2018Land use
Land use consent for travellers accommodation for up to 6 persons.
180152 · Central Otago District120 mGranted - 14 Mar 2018Land use
Land use consent for seasonal workers accommodation in the Residential Resource Area.
170552 · Central Otago District132 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 Central Otago District yet.
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 Bridge Hill
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.
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.