Aerial · LINZ aerial
Title boundary · 469 m² · LINZ
Unclaimed

74C George Street, Blenheim

Marlborough District

Negotiation

  • 3
  • 1
  • 2
  • 161m²
  • 470 m²
  • House
  • 1 Lounge
  • 1 Dining room
  • 2 Garage

Smart, Easy Living Close to Town

Superbly positioned within easy walking distance of Blenheim's CBD, this beautifully maintained townhouse offers effortless living in a very convenient location.

Compact without compromising on comfort, the home is an ideal choice for downsizers, retirees, a small family or those seeking an easy-care executive base close to town. Built in permanent materials, there's very little to do here except move in, relax and enjoy! The well-designed, double-glazed home offers three bedrooms, a practical Jack-and-Jill bathroom and a separate toilet.

Outside is pleasingly private and established with the garden offering a peaceful setting and raised vegetable planters, an assortment of fruit varieties and greenery to enjoy. A fabulous covered small deck area creates an inviting outdoor space - perfect for morning coffee, relaxed lunches or entertaining friends while enjoying the privacy of the garden.

A double garage provides excellent secure parking and additional storage, completing this very appealing easy-care package.

74C George Street is all about making life enjoyable and that little bit easier. Call us for a viewing appointment or visit one of our open homes. https://rwblenheim.co.nz/

OwnBetter estimate
$725k
Medium confidence

We estimate it would sell for $725,000 as at 5 October 2026, in a range of $620,000 to $825,000.

Typical home in Blenheim
$581k
The median of our estimates of its 2,447 homes
How we worked this out
Council valuation, Jul 2023$710,000
Market movement in Marlborough District since the council valuation+0.7%
How Blenheim sells against council values−0.3%
Homes of this age in Blenheim+1.0%
Homes in this price range+0.4%
Nearby recent sales (15)+0.4%
Our estimate$725,000

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.

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

74C George Street as a rental

Rent estimate$650/wk$560–$750 · Little evidence
Gross yield4.7%$33,800 a year on $725k
Net yield3.8%After $5,980 of costs
Cash flow−$51/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $650
Property manager
Rent, 52 weeks$33,800
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$27,820
Interest $507,500 at 6.00%, interest only−$30,450
Cash flow before tax−$2,630
Cash flow a week−$51
Gross / net yield on the price4.7% / 3.8%
Return on equity cash flow on the deposit, before tax−1.2%
Loses money above this interest rate, before tax5.48%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.48%. That is -1.2% a year on a $218k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area161 m²
  • Land area470 m²
  • Decade built2010s
  • Bedrooms3
  • Bathrooms2
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilMarlborough District
  • Valuation #20520-32300
  • Valuation date1 Jul 2023

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 number554836
  • Title typeFreehold
  • Legal descriptionLot 5 Deposited Plan 443569
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

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Building consents

We hold no building consents for this property yet. The council may hold records we have not seen.

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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 Blenheim

Marlborough District
3,436
Properties on the rating roll
10 Jun 2026
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.

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