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UnclaimedResidential

16A Koromiko Crescent, Diamond Harbour

Also 16 Koromiko Crescent

Christchurch City

Deadline Sale

  • 2
  • 2
  • 1
  • Unit

Easy harbour living

Deadline sale (unless sold prior) 12pm, Wed 25 Nov 2026

Please copy and paste this website address into your internet browser to download the property file https://www.propertyfiles.co.nz/property/5532150

This one is a real find in the harbour. North-facing and capturing all-day sun, this two-bedroom home enjoys sweeping water views from the Heads to Lyttelton and beyond.

Whether you're looking for your first home, a lock-up-and-leave holiday escape, or an investment property, this is an opportunity worth seeing.

The home offers two double bedrooms, two modern bathrooms with underfloor heating, a comfortable living area, and a sunny conservatory. Double glazing throughout, a heat pump and a gas fire add year-round comfort, while lovely timber ceilings and native rimu tongue-and-groove flooring beneath the carpet reflect the quality of its construction.

The living area opens to a sheltered, private deck and BBQ area. Established gardens are easy to maintain, and the separate laundry and single garage add up to a rare find in this area.

Properties with views like these are always in demand. Available for immediate possession and coming furnished, you could be settled in and enjoying summer here before Christmas.

Open homes 1

Sun, 8 Nov10:30 am – 11:00 am
.ics
Rent estimate · 4 Nov 2026
$500 – $670/week
Most likely about $580 a week · Little evidence: a rough guide
Estimated rental yield
5.2%
What is rental yield?

Gross rental yield is a year’s rent as a share of what the property is worth: $580 × 52 weeks = $30,160, against the council valuation of $580,000. It is before rates, insurance, maintenance, management and vacancies, so what an owner keeps (the net yield) is lower.

How we worked this out
EvidencePoints toCounted
From its value what rentals in the area typically yield$579100%

We read this property as a townhouse. 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.

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

16A Koromiko Crescent as a rental

Rent estimate$580/wk$500–$670 · Little evidence
Gross yield5.2%$30,160 a year on $580k
Net yield4.3%After $5,336 of costs
Cash flow+$9/wk30% deposit, interest only at 6.00%
Line
Price Council valuation
Deposit
Interest rate
Rent a week our estimate $580
Property manager
Rent, 52 weeks$30,160
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$24,824
Interest $406,000 at 6.00%, interest only−$24,360
Cash flow before tax+$464
Cash flow a week+$9
Gross / net yield on the price5.2% / 4.3%
Return on equity cash flow on the deposit, before tax0.3%
Loses money above this interest rate, before tax6.11%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 6.11%. That is 0.3% a year on a $174k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area123 m²
  • Property categoryRF197B
  • Zoning (valuer’s record)9R
  • CouncilChristchurch City
  • Valuation #23803-20800-A
  • 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 numberCB9K/868
  • Title typeCross lease
  • Legal descriptionFlat 1 Deposited Plan 27759 and Garage 1 Deposited Plan 27759; Lot 69 Deposited Plan 14743
  • 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

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.

Unclaimed
Nobody is tracking this property yet

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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.

What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
2Your lending in the pictureAdd what you owe, or connect the bank, and the equity and LVR stop being a calculation you redo by hand.
3Providers compete for itPut the mortgage, the insurance and the power out to people who want the business — on your terms, when you ask.
4Everything else you ownOne search finds other titles in your name and in companies you are a director of.

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.

Zoning (rating roll)9R

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

Christchurch City
886
Properties on the rating roll
1 Aug 2025
Last council revaluation

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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On Koromiko Crescent

At this number
2/16 Koromiko Crescent
This side
12 Koromiko Crescent14 Koromiko Crescent18A Koromiko Crescent20 Koromiko Crescent
Other side
13 Koromiko Crescent15 Koromiko Crescent17 Koromiko Crescent
All 75 properties on Koromiko Crescent →
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