Aerial · LINZ aerial
Title boundary · 20,076 m² · LINZ
UnclaimedRuralLifestyle - multi-unit

438 Blackbridge Road, Dairy Flat

Also 438A Blackbridge Road

Auckland

$1,875,000 Including GST (if any)

  • 6
  • 3
  • 2.01 ha
  • Lifestyle with dwelling

Entry-Level Equestrian & Lifestyle Living

• Large north-facing four-bedroom family home

• Two-bedroom Initial Home for family or supplementary income

• Equestrian ready with five acres, arena and five covered yards

• Prime Dairy Flat location close to Silverdale, Albany and motorway access

If you're looking for a practical lifestyle property with room for the family, horses and other animals, 438 Blackbridge Road has plenty to offer.

The two-storey family home sits at the heart of the property, with a north-facing lounge flowing out to the deck overlooking the arena. It's a great spot to sit back, entertain or watch the horses being ridden.

The fully self-contained two-bedroom Initial Home has its own carport, offering independence for extended family, multigenerational living or the potential to supplement your income. A separate teenage retreat provides another useful and flexible space.

Outside is where the property really stands out. Set across approximately five acres, there's room for horses, a few cattle or other lifestyle animals, while still being a practical amount of land to look after.

For equestrian buyers, much of the hard work is already done. A 36m x 20m arena, five covered yards, Duncan electric fencing and purpose-built paddocks provide a great setup for having your horses at home and an ideal entry into equestrian property ownership.

The large shed provides plenty of room for vehicles, storage, hobbies or all the lifestyle toys.

Dairy Flat keeps you well connected, with Silverdale, Albany and motorway access all within easy reach, while still enjoying the space and freedom of country living.

With their competitive ambitions growing and the horse numbers following suit, the owners are ready for their next move, creating an opportunity for someone new to call it home.

NB. Some images have been digitally enhanced.

Auction Thursday 29th of October 2026 (unless sold prior).

OwnBetter estimate
$1.59m
Low confidence

We estimate it would sell for $1,590,000 as at 5 October 2026, in a range of $1,270,000 to $1,970,000.

Typical home in Dairy Flat
$2.26m
The median of our estimates of its 1,547 homes
How we worked this out
Council valuation, May 2024$1,775,000
Market movement in Auckland since the council valuation−4.8%
Apartments and houses in Auckland−1.3%
How Dairy Flat sells against council values−2.7%
Homes of this age in Dairy Flat−2.0%
Homes in this price range−0.3%
Land as a share of the value+0.6%
Our estimate$1,590,000

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

438 Blackbridge Road as a rental

Rent estimate$960/wk$830–$1,100 · Little evidence
Gross yield3.1%$49,920 a year on $1.59m
Net yield2.6%After $8,832 of costs
Cash flow−$494/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $960
Property manager
Rent, 52 weeks$49,920
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$41,088
Interest $1,113,000 at 6.00%, interest only−$66,780
Cash flow before tax−$25,692
Cash flow a week−$494
Gross / net yield on the price3.1% / 2.6%
Return on equity cash flow on the deposit, before tax−5.4%
Loses money above this interest rate, before tax3.69%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 3.69%. That is -5.4% a year on a $477k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area230 m²
  • Land area2.01 ha
  • Decade built1990s
  • Bedrooms6
  • Bathrooms3
  • Parking10 car spaces
  • Improvements2 dwelling, freestanding garage, outbuildings, other improvements
  • Property categoryLifestyle - multi-unit
  • CouncilAuckland
  • Valuation #30800-00000036603
  • 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 numberNA83C/959
  • Title typeFreehold
  • Legal descriptionLot 2 Deposited Plan 141034
  • Addresses on this property2
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

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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?

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About Dairy Flat

Auckland
1,689
Properties on the rating roll
1 May 2024
Last council revaluation
Buyer demand

8 people looked at properties in Dairy Flat this week.

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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