Title boundary · 829 m² · LINZ
Unclaimed

40 Bishop Road, Parapara

Collingwood · Tasman District

Last sold Apr 2012

What you’ll love about this place

  • About 30 m from the coast

From LINZ's topographic maps: how near the land comes to the water's edge.

OwnBetter estimate
$968k
Low confidence

We estimate it would sell for $968,000 as at 5 October 2026, in a range of $796,000 to $1,180,000.

Typical home in Parapara
$903k
The median of our estimates of its 179 homes
How we worked this out
Council valuation, Sept 2023$930,000
Market movement in Tasman District since the council valuation+2.0%
How Parapara sells against council values−0.3%
Homes of this age in Parapara+0.8%
Homes in this price range−0.2%
Land as a share of the value+1.5%
Nearby recent sales (6)+0.3%
Our estimate$968,000

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

Mortgage: open the section
$3,927a 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.

Home loan

What it would cost to buy 40 Bishop Road

Every rate from 36 lenders →
Estimated repayments
$1,812
$776,000 at 4.49% 1 year fixed with China Construction Bank, over 30 years
Loan length
1 year fixed today · 17 lenders
Lowest4.49%CCB · special
Average5.02%
Highest5.35%Kookmin

The lowest rather than the highest is $187 less a fortnight — about $4,870 over the 1 year.

All 17 lenders at 1 year fixed
  • China Construction Bank4.49%s$1,812/fn
  • ICBC4.65%s$1,846/fn
  • Bank of China4.68%s$1,852/fn
  • AIA New Zealand4.99%$1,920/fn
  • ANZ Bank New Zealand4.99%s$1,920/fn
  • ASB Bank4.99%$1,920/fn
  • Bank of Baroda4.99%$1,920/fn
  • Police Credit Union4.99%$1,920/fn
  • TSB Bank4.99%s$1,920/fn
  • Unity Credit Union4.99%s$1,920/fn
  • Kiwibank5.15%s$1,955/fn
  • Bank of New Zealand5.19%$1,963/fn
  • SBS Bank5.19%s$1,963/fn
  • The Co-operative Bank5.19%s$1,963/fn
  • Westpac New Zealand5.19%s$1,963/fn
  • First Credit Union5.29%s$1,986/fn
  • Kookmin Bank Auckland Branch5.35%$1,999/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 40 Bishop Road. Free for you — lenders pay brokers — and nobody sees your name until you choose one.

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

Investor insights

40 Bishop Road as a rental

Rent estimate$750/wk$650–$860 · Little evidence
Gross yield4.0%$39,000 a year on $968k
Net yield3.3%After $6,900 of costs
Cash flow−$37/wk30% deposit, interest only at 5.02%
Line
Price Our estimate
Deposit
Interest rate 5.02% is today’s 1-year average
Rent a week our estimate $750
Property manager
Rent, 52 weeks$39,000
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$32,100
Interest $677,600 at 5.02%, interest only−$34,016
Cash flow before tax−$1,916
Cash flow a week−$37
Gross / net yield on the price4.0% / 3.3%
Return on equity cash flow on the deposit, before tax−0.7%
Loses money above this interest rate, before tax4.74%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 4.74%. That is -0.7% a year on a $290k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area70 m²
  • Decade built1970s
  • Bedrooms2
  • Bathrooms1
  • Parking1 car space
  • Property categoryUse not published
  • CouncilTasman District
  • Valuation #18620-44925
  • Council Property ReportView the council’s report
  • Valuation date1 Sep 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 numberNL3B/973
  • Title typeFreeholdGuaranteed
  • Estate descriptionFee Simple, 1/1, Lot 5 Deposited Plan 6652, 809 m2
  • Legal descriptionLot 5 Deposited Plan 6652
  • Land area829 m²
  • Title issued4 Nov 1970
  • Land districtNelson
Registered instruments2 registered instruments on this titleMortgage · Variation of Mortgage 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 · 6 land use or subdivision consents within 250 m.

Within 250 m

  1. 31 Aug 2022
    Land use

    Land use consent to construct a shed in the Coastal Environment Area within the setback from an internal boundary and exceeding accessory building height in the Residential Zone.

    220742 · Tasman District
    152 mGranted
  2. 4 May 2022
    Land use

    Land use consent for the construction of a deck extension and stairs in the Coastal Environment Area, where the setback from Mean High Water Springs (MHWS) is reduced.

    220353 · Tasman District
    25 mGranted
  3. 27 Apr 2022
    Land use

    To undertake earthworks within 10m setback of a natural wetland assessed under the Resource Management (National Environmental Standards for Freshwater Regulations 2020)

    220336 · Tasman District
    82 mGranted
  4. 27 Apr 2022
    Land use

    Land use consent to construct a dwelling, carport and workshop in the Coastal Environment Area (CEA) and create a second access in the Residential Zone, where the dwelling and the carport/workshop are sited within the road boundary setback and the dwelling encroaches on the daylight admission plane on the northern boundary

    220334 · Tasman District
    82 mGranted
  5. 5 Oct 2017
    Land use

    Variation to consent notice 7007182.4 to cancel Condition 4 requiring a water tank to be installed on Lot 2 DP 362089.

    171112 · Tasman District
    86 mGranted
  6. 11 Aug 2016
    Land use

    Land use consent to construct a dwelling and site a water tank in the Coastal Environment Area.

    160744 · Tasman District
    86 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 Tasman 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.

We show Tasman's historic pesticide sites. The rest of its register is not yet published; the LIM, or the council's duty planner, will say what it holds.

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 Parapara

Tasman District
206
Properties on the rating roll
1 Sep 2023
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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