Title boundary · 769 m² · LINZ
Unclaimed

231 Taylor Pass Road, Witherlea

Blenheim · Marlborough District

Last sold Apr 2023

OwnBetter estimate
$1.32m
Medium confidence

We estimate it would sell for $1,320,000 as at 5 October 2026, in a range of $1,190,000 to $1,500,000.

Typical home in Witherlea
$696k
The median of our estimates of its 2,450 homes
How we worked this out
Council valuation, Jul 2023$1,300,000
Market movement in Marlborough District since the council valuation+0.7%
How Witherlea sells against council values+1.2%
Homes of this age in Witherlea+0.3%
Homes in this price range−2.1%
Land as a share of the value−0.9%
Nearby recent sales (15)+1.6%
Its own sale in 2023+1.0%
Our estimate$1,320,000

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.

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

231 Taylor Pass Road as a rental

Rent estimate$875/wk$760–$1,000 · Little evidence
Gross yield3.4%$45,500 a year on $1.32m
Net yield2.8%After $8,050 of costs
Cash flow−$346/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $875
Property manager
Rent, 52 weeks$45,500
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$37,450
Interest $924,000 at 6.00%, interest only−$55,440
Cash flow before tax−$17,990
Cash flow a week−$346
Gross / net yield on the price3.4% / 2.8%
Return on equity cash flow on the deposit, before tax−4.5%
Loses money above this interest rate, before tax4.05%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 4.05%. That is -4.5% a year on a $396k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area253 m²
  • Decade built2010s
  • Bedrooms4
  • Bathrooms2
  • Parking6 car spaces
  • Property categoryUse not published
  • CouncilMarlborough District
  • Valuation #20550-33005
  • 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 number758991
  • Title typeFreeholdGuaranteedStandard registered title
  • Estate descriptionFee Simple, 1/1, Lot 163 Deposited Plan 504408, 770 m2
  • Legal descriptionLot 163 Deposited Plan 504408
  • Land area769 m²
  • Title issued7 Sep 2017
  • Land districtMarlborough
Registered instruments21 registered instruments on this title, +7 statutory memorialsEasement Instrument ×14 · Covenant (All types except Land covenants) ×4 · Consent Notice under s221(4)(a) Resource Management Act 1991 · Transfer · Variation of Easement Only routine instruments registered See the title summary →

Owners and the parties to each instrument are not published on this page. Order the record of title to see them.

Getting around

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 · 4 land use or subdivision consents within 250 m.

Within 250 m

  1. 31 May 2019
    Land use

    To operate a new show home/office with reduced car parking and signage on Lot 227 DP 521617.

    190413.01 · Marlborough District
    75 mGranted
  2. 18 Jan 2018
    Land use

    To continue operating a showhome and office (including reduced on-site car parking and signage) on Lot 159 DP 493399.

    180029 · Marlborough District
    102 mGranted
  3. 17 Jun 2016
    Land use

    To construct a new dwelling unit for use as a showhome (including associated signage and car park dispensation) on Lot 159 DP 493399.

    U160712 · Marlborough District
    102 mGranted
  4. 10 Mar 2016
    Land use

    To use a second vehicle crossing to Lot 71 DP 466163

    U160303 · Marlborough District
    230 mGranted

Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents

Unclaimed
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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.

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

Marlborough District
2,733
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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