35 Monteith Crescent, Remuera
Auckland · Auckland
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $795 × 52 weeks = $41,340, against our estimate of $1,070,000. It is before rates, insurance, maintenance, management and vacancies, so what an owner keeps (the net yield) is lower.
How we worked this out
| Evidence | Points to | Counted |
|---|---|---|
| 2 rentals advertised nearby each adjusted to this property’s bedrooms and value | $1,032 | 3% |
| From its value what rentals in the area typically yield | $787 | 97% |
We read this property as a townhouse with 3 bedrooms. 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.
| Address | Beds | Asked | As this one | When | Away |
|---|---|---|---|---|---|
| 76 Melanesia Roadrealestate.co.nz ↗ | 3 | $1,400 | $1,032 | Oct 2026 | 3.5 km |
| 9A/8 Bankside Streetrealestate.co.nz ↗ | 1 | $400 | $970 | Oct 2026 | 6.1 km |
These are computer-generated guides only, not a rental appraisal.
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.
35 Monteith Crescent as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $795 | ||
| Property manager | ||
| Rent, 52 weeks | $41,340 | |
| 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 | $34,026 | |
| Interest $805,000 at 6.00%, interest only | −$48,300 | |
| Cash flow before tax | −$14,274 | |
| Cash flow a week | −$275 | |
| Gross / net yield on the price | 3.6% / 3.0% | |
| Return on equity cash flow on the deposit, before tax | −4.1% | |
| Loses money above this interest rate, before tax | 4.23% | |
The rent covers the interest at rates up to 4.23%. That is -4.1% a year on a $345k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area85 m²
- Decade built1970s
- Bedrooms3
- Bathrooms1
- Parking1 car space
- Property categoryUse not published
- CouncilAuckland
- Valuation #00004-05340170050
- 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 numberNA79C/685
- Title typeCross lease
- Land area358 m²
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 · 21 land use or subdivision consents within 250 m.
Within 250 m
- 15 Dec 2024190 mGranted
- 13 Dec 2024146 mGranted
- 4 Oct 2024225 mGranted
- 4 Oct 2024Subdivision
To undertake a residential subdivision to create 3 freehold residential lots around dwellings approved by land use consent LUC60438677.
SUB60438678 · Auckland225 mGranted - 8 May 2024Subdivision
Boundary adjustment between 20 and 29 Towle Place then subdivision around existing cross lease on 29 31 Towle Place.
SUB60432129 · Auckland125 mGranted - 5 Feb 2024Land use
To remove existing dwelling and construct three standalone two storey residential dwellings with associated earthworks. Upgrade exis ting vehicle crossing by reducing the width of crossing from 6.3m to 3.5m and construct a new accessway serving proposed dwellings. Construct new public and private stormwater and wastewater pipes serving dwellings. Subdivide parent site to create three residentia l lots in accordance with approved land use consent.
LUC60428618 · Auckland174 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.
A mapped flood area comes close to this property, but not onto it.
- Over the whole section
Unitary Plan Base Zone
On this propertyDistrict plan zones as Auckland publishes them. What a site may be used for, and what may be built on it.
- 28 m from the boundary
Flood plain
NearbyLand the council models as under water in a 1-in-100-year storm, usually with an allowance for climate change.
- Nearest 66 m away
Flood prone area
Not mapped hereA low point where stormwater ponds if its outlet blocks or overflows.
- 25 m from the boundary
Flood sensitive area
NearbyLand beside a flood plain that could flood if the model is out, or the storm is bigger.
- None within 250 m
Coastal inundation
Not mapped hereLand the sea reaches in a 1-in-100-year storm tide once sea level has risen by 1 m.
- None within 250 m
Special character area
Not mapped hereStreets whose built character is protected: demolition and new building are assessed against the area's existing form, whatever the zone allows.
- None within 250 m
Historic heritage place
Not mapped hereA scheduled historic place. Work on it, including demolition, needs consent against the heritage schedule.
- None within 250 m
Height variation control
Not mapped hereAn explicit building height for this land, replacing the one its zone would give.
- None within 250 m
Volcanic viewshaft
Not mapped hereA protected view of a volcanic cone. Inside it, building height is capped at a fixed level above sea level to keep the cone visible.
- None within 250 m
Locally significant viewshaft
Not mapped hereA locally protected view of a cone, with its own height ceiling.
- None within 250 m
Museum viewshaft
Not mapped hereThe protected view of the Auckland War Memorial Museum.
- None within 250 m
Ridgeline protection
Not mapped hereSkyline land where building height is controlled so the ridge stays a ridge.
- None within 250 m
Notable tree
Not mapped hereA scheduled tree. It may not be felled or topped without consent, which makes it a permanent part of the skyline.
- None within 250 m
Notable group of trees
Not mapped hereA scheduled stand of trees, protected as a group.
- None within 250 m
Precinct
Not mapped hereLocal rules written for this area alone, which override the underlying zone where they differ.
Source: Auckland Council (CC BY 4.0)
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 Remuera
39 people looked at properties in Remuera this week.
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.
Agents active in Remuera
People whose office is within 5 km of Remuera, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
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.