
8 Nelson Street, Foxton Beach
Also 8A Nelson Street and 8B Nelson StreetFoxton · Horowhenua District
Last sold Jul 2018
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $545 × 52 weeks = $28,340, against the council valuation of $510,000. 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 | $543 | 100% |
We read this property as a house with 3 bedrooms. 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.
What it would cost to buy 8 Nelson Street
The lowest rather than the highest is $98 less a fortnight — about $2,560 over the 1 year.
All 17 lenders at 1 year fixed
China Construction Bank4.49%s$953/fn
ICBC4.65%s$971/fn
Bank of China4.68%s$974/fn
AIA New Zealand4.99%$1,009/fn
ANZ Bank New Zealand4.99%s$1,009/fn
ASB Bank4.99%$1,009/fn
Bank of Baroda4.99%$1,009/fn
Police Credit Union4.99%$1,009/fn
TSB Bank4.99%s$1,009/fn
Unity Credit Union4.99%s$1,009/fnKiwibank5.15%s$1,028/fn
Bank of New Zealand5.19%$1,032/fn
SBS Bank5.19%s$1,032/fn
The Co-operative Bank5.19%s$1,032/fn
Westpac New Zealand5.19%s$1,032/fn
First Credit Union5.29%s$1,044/fnKookmin Bank Auckland Branch5.35%$1,051/fn
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
8 Nelson Street as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate 5.02% is today’s 1-year average | ||
| Rent a week our estimate $545 | ||
| Property manager | ||
| Rent, 52 weeks | $28,340 | |
| 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 | $23,326 | |
| Interest $357,000 at 5.02%, interest only | −$17,921 | |
| Cash flow before tax | +$5,405 | |
| Cash flow a week | +$104 | |
| Gross / net yield on the price | 5.6% / 4.6% | |
| Return on equity cash flow on the deposit, before tax | 3.5% | |
| Loses money above this interest rate, before tax | 6.53% | |
The rent covers the interest at rates up to 6.53%. That is 3.5% a year on a $153k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area90 m²
- Decade built1950s
- Bedrooms3
- Bathrooms1
- Parking1 car space
- Property categoryUse not published
- CouncilHorowhenua District
- Valuation #14330-30400
- 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 number952100
- Title typeFreeholdGuaranteedStandard registered title
- Estate descriptionFee Simple, 1/1, Lot 1 Deposited Plan 551036, 1,202 m2
- Legal descriptionLot 1 Deposited Plan 551036
- Land area1,202 m²
- Title issued21 Sep 2020
- Land districtWellington
- Addresses on this property3
Owners and the parties to each instrument are not published on this page. Order the record of title to see them.
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 · 8 land use or subdivision consents within 250 m.
Within 250 m
- 10 Mar 2025Land use
Building Setbacks and Building Site Coverage non-compliance with family flat floor area, daylight setback envelope, maximum building coverage, and accessory building coverage performance standards
501/2025/8 · Horowhenua District247 mGranted - 2 Aug 2022Land use
Building Site Coverage and Boundary Activity Construct a dwelling 152m2 footprint that covers 33% , the dwelling will be 1m from western boundary , 5m to the eastern boundary, 1.75m from the norther boundary and 3m from the southern boundary
501/2022/33 · Horowhenua District73 mGranted - 23 Dec 2021128 mGranted
- 17 Mar 2021Land use
Daylight Setback Envelope and Building Setbacks New proposed dwelling with district plan breaches
501/2021/251 · Horowhenua District209 mGranted - 6 Jul 2017Land use
Dwelling encroaching front yard setback and encroaching daylight setback envelope.
501/2017/44 · Horowhenua District201 mGranted - 16 May 2017Subdivision
2 lot residential subdivision with boundary setback waiver.
SUB/502/2017/30.2 · Horowhenua District138 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
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.
We do not hold flood maps for Horowhenua 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.
Horizons does not publish its register. Its HAIL information request form asks it what it holds on a property.
Ask Horizons Regional CouncilWhat 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 Foxton Beach
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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