
15A Regent Place, Witherlea
Also 15 Regent PlaceBlenheim · Marlborough District
Last sold Jun 2016
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $565 × 52 weeks = $29,380, against the council valuation of $550,000. 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 |
|---|---|---|
| From its value what rentals in the area typically yield | $564 | 100% |
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.
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.
What it would cost to buy 15A Regent Place
The lowest rather than the highest is $106 less a fortnight — about $2,761 over the 1 year.
All 17 lenders at 1 year fixed
China Construction Bank4.49%s$1,027/fn
ICBC4.65%s$1,047/fn
Bank of China4.68%s$1,050/fn
AIA New Zealand4.99%$1,088/fn
ANZ Bank New Zealand4.99%s$1,088/fn
ASB Bank4.99%$1,088/fn
Bank of Baroda4.99%$1,088/fn
Police Credit Union4.99%$1,088/fn
TSB Bank4.99%s$1,088/fn
Unity Credit Union4.99%s$1,088/fnKiwibank5.15%s$1,108/fn
Bank of New Zealand5.19%$1,113/fn
SBS Bank5.19%s$1,113/fn
The Co-operative Bank5.19%s$1,113/fn
Westpac New Zealand5.19%s$1,113/fn
First Credit Union5.29%s$1,126/fnKookmin Bank Auckland Branch5.35%$1,133/fn
Principal and interest at the lowest advertised card rate, held for the whole loan — no New Zealand rate is. A guide, not a lending offer or financial advice. How much could you borrow? · Mortgage calculator
15A Regent Place as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate 5.02% is today’s 1-year average | ||
| Rent a week our estimate $565 | ||
| Property manager | ||
| Rent, 52 weeks | $29,380 | |
| 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 | $24,182 | |
| Interest $385,000 at 5.02%, interest only | −$19,327 | |
| Cash flow before tax | +$4,855 | |
| Cash flow a week | +$93 | |
| Gross / net yield on the price | 5.3% / 4.4% | |
| Return on equity cash flow on the deposit, before tax | 2.9% | |
| Loses money above this interest rate, before tax | 6.28% | |
The rent covers the interest at rates up to 6.28%. That is 2.9% a year on a $165k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area130 m²
- Decade built1980s
- Bedrooms3
- Bathrooms1
- Parking1 car space
- Property categoryUse not published
- CouncilMarlborough District
- Valuation #20550-8009-B
- 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 numberMB4C/1000
- Title typeCross leaseGuaranteedStandard registered title
- Estate descriptionFee Simple, 1/2, Lot 18 Deposited Plan 6713, 878 m2; Leasehold, 1/1, Flat 1 Deposited Plan 7654
- Legal descriptionFlat 1 Deposited Plan 7654; Lot 18 Deposited Plan 6713
- Land area878 m²
- Title issued13 Jun 1989
- Land districtMarlborough
- Addresses on this property2
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 · 7 land use or subdivision consents within 250 m.
Within 250 m
- 10 Mar 2022Land use
To operate a small business that includes some retail activity from a owner occupied dwelling on Lot 8 DP 3402.
220174.01 · Marlborough District227 mGranted - 15 Dec 2021236 mGranted
- 15 Dec 2021Land use
To undertake earthworks associated with the construction of the subdivision and soil disturbance associated with remediation of contaminated soils on Lot 2 DP 547807
211051.03 · Marlborough District218 mGranted - 13 Mar 2020Subdivision
To subdivide Lot 1 DP 6644 into three residential allotments.
200271.01 · Marlborough District97 mGranted - 3 Dec 2019Subdivision
To subdivide Lot 1 DP 5069 and Lot 1 DP 6126 into two lots as part of a boundary adjustment with Part Lot 4 DP 2878 and Lot 1 DP 441357.
191054.01 · Marlborough District211 mGranted - 28 Jun 2019Subdivision
Stage 1: Subdivision of Lot 1 DP 6644 to create two allotments.
190497.01 · Marlborough District115 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 Marlborough District yet.
Contaminated land
Councils keep registers of land used for activities on the Hazardous Activities and Industries List (HAIL) — service stations, timber treatment, orchards, landfills. A listing records how land was used, not that it is contaminated: most sites have never been tested.
Marlborough District Council does not publish its register. Its property file and the LIM hold HAIL records; ask its HAIL enquiry team.
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 Witherlea
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.
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Agents active in Witherlea
People whose office is within 5 km of Witherlea, 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.