49 Wynyard Road, Mount Eden
Auckland · Auckland
Deadline Sale
- 4
- 1
- 190m²
- 2,092 m²
- House
Big Land. Big Vision. Mt Eden. 2092 sqm
An exceptional opportunity to secure a substantial 2092sqm (more or less) landholding in one of Mt Eden's most established residential locations, offering significant potential for developers, investors and land bankers.
Currently zoned Residential - Single House, the property has been identified for proposed Residential - Terrace Housing and Apartment Buildings (THAB) zoning under Auckland Council's Plan Change 120 (PC120), subject to the proposed planning provisions becoming operative and all necessary approvals.
Positioned well back from the road via a long, sheltered driveway, the site offers excellent privacy, generous dimensions and considerable scope for future development. A right of way easement along the northern boundary provides additional access from Wynyard Road, adding another important consideration for purchasers assessing the site's potential.
The property currently accommodates a circa 1910 weatherboard dwelling in dilapidated condition, together with ancillary buildings, and is offered on an as is, where is basis. With Resource Consent approved for demolition, the focus is firmly on the underlying land value and the opportunities this exceptional site presents.
A desirable city-fringe location, conveniently situated near Mt Eden Village, Maungawhau Train Station, key transport connections, Auckland's CBD, and zoned for Auckland Grammar School.
A rare opportunity to acquire a significant Mt Eden landholding with demolition consent granted - an attractive proposition for those seeking to capitalise on development potential.
For more information, call John & Jane 0800 WANT SOLD
We estimate it would sell for $4,290,000 as at 5 October 2026, in a range of $3,850,000 to $4,890,000.
How we worked this out
| Council valuation, May 2024 | $4,525,000 |
|---|---|
| Market movement in Auckland since the council valuation | −4.8% |
| Apartments and houses in Auckland | +0.1% |
| How Mount Eden sells against council values | −0.8% |
| Homes of this age in Mount Eden | +0.4% |
| Homes in this price range | +0.1% |
| Land as a share of the value | −0.6% |
| Nearby recent sales (15) | +0.1% |
| Its own sale in 2021 | +0.4% |
| Our estimate | $4,290,000 |
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.
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.
49 Wynyard Road as a rental
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $1,115 | ||
| Property manager | ||
| Rent, 52 weeks | $57,980 | |
| 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 | $47,722 | |
| Interest $3,003,000 at 6.00%, interest only | −$180,180 | |
| Cash flow before tax | −$132,458 | |
| Cash flow a week | −$2,547 | |
| Gross / net yield on the price | 1.4% / 1.1% | |
| Return on equity cash flow on the deposit, before tax | −10.3% | |
| Loses money above this interest rate, before tax | 1.59% | |
The rent covers the interest at rates up to 1.59%. That is -10.3% a year on a $1.29m deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area190 m²
- Land area2,092 m²
- Decade built1910s
- Bedrooms4
- Bathrooms2
- Parking3 car spaces
- Property categoryUse not published
- CouncilAuckland
- Valuation #02360-00000011400
- Valuation date1 May 2024
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 numberNA592/55
- Title typeFreehold
- Legal descriptionPart Lot 20 and Part Lot 49 Allotment 10 of Section 10 Suburbs of Auckland
Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.
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.
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.
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 Mount Eden
17 people looked at properties in Mount Eden this week.
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.
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The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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