
- 4
- 2
- 2
- 894 m²
- House
- 1 Lounge
- Ensuite
- Separate laundry
- Rumpus room
- 2 Garage
- Internal-access garage
- Views
- Sea
- Hot water
- Electric
- Water supply
- Town
- Sewage
- Mains
Big Views, Bigger Motivation
Copy the link to download Property Files for more detailed information:
https://www.propertyfiles.co.nz/property/984200005
Overseas-based vendors have committed to their next move, bringing genuine certainty to the sale of this Diamond Harbour home - and with it, a rare chance at that harbour view.
It's a family home with living deliberately placed upstairs to make the most of the outlook. Bi-fold doors open the kitchen, dining and lounge onto the deck, with glass balustrades keeping the view clear. There's also a separate formal lounge up here - handy for movie nights or just a bit of space from the main living area. The master bedroom is upstairs too, with a walk-in wardrobe and en-suite.
Downstairs has three more bedrooms, the family bathroom, a separate toilet, and an extra living space that could work as a rumpus room, media room, office, or fifth bedroom.
Outside, there's a verandah, a good stretch of lawn, an internal-access double garage, and enough parking for the boat as well.
Diamond Harbour offers an easy pace without being cut off - shops, supermarket and public transport are all close by, and the home is zoned for Cashmere High School. It sits at the end of a cul-de-sac, about 45 minutes from the City.
With the vendors already settled on their next step, this one's ready to sell.
Viewing by appiontment only get in touch with Janice for more information.
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $795 × 52 weeks = $41,340, against the council valuation of $1,090,000. 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 | $794 | 100% |
We read this property as a house. 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.
10 Euan Sarginson Place as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $795 | ||
| Property manager | ||
| Rent, 52 weeks | $41,340 | |
| 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 | $34,026 | |
| Interest $763,000 at 6.00%, interest only | −$45,780 | |
| Cash flow before tax | −$11,754 | |
| Cash flow a week | −$226 | |
| Gross / net yield on the price | 3.8% / 3.1% | |
| Return on equity cash flow on the deposit, before tax | −3.6% | |
| Loses money above this interest rate, before tax | 4.46% | |
The rent covers the interest at rates up to 4.46%. That is -3.6% a year on a $327k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area251 m²
- Land area894 m²
- Property categoryRD201A
- Zoning (valuer’s record)9R
- CouncilChristchurch City
- Valuation #23803-28000
- Valuation date1 Aug 2025
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 number395603
- Title typeFreehold
- Legal descriptionLot 2 Deposited Plan 394918
Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.
Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.
Building consents
We hold no building consents for this property yet. The council may hold records we have not seen.
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.
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 Diamond Harbour
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.
Like Diamond Harbour?







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.









