61 Magellan Rise, Flagstaff
Also 86 Mataroa CrescentHamilton · Hamilton City
Auction 29th October 2026 (Unless Sold Prior)
- 5
- 2
- 5
- 749 m²
- House
- 1 Lounge
- 1 Dining room
- Ensuite
- Separate toilet
- 2 Garage
- 3 Off-street parks
- Internal-access garage
- Deck / patio
- Heat pump
- Alarm
- Fencing
- Fully Fenced
- Views
- Urban
- Aspect
- Northerly
- Insulation
- Ceiling, Walls
- Roof
- Metal Tile
- Exterior
- Brick / Masonry Veneer
- Flooring
- Carpet, Tiles
- Hot water
- Gas
- Water supply
- Town
- Sewage
- Mains
Five Bedrooms - Flagstaff Opportunity
Set in the sought-after Flagstaff area, this solid brick home offers generous space, excellent family living and plenty of outdoor appeal.
With approximately 240m² of floor space on a generous 749m² section, this spacious home features five bedrooms. two bathrooms and three toilets, providing plenty of room for family and guests.
The living areas open onto a large deck, creating a wonderful connection between indoor and outdoor living. The master bedroom also enjoys direct access to the decking, providing a lovely space to relax and enjoy the outdoors. The property also offers a double garage, good parking space at the front, and a generous backyard with a vegetable garden, ideal for those who enjoy gardening and outdoor living.
Families will appreciate the popular Flagstaff location, with Te Ao Mārama School and its nearby playground, as well as Rototuna Junior and Senior High Schools. The nearby Rototuna Library also provides a great community hub for families and residents. School zoning should be confirmed independently.
The property is vacant and offers easy access for viewing.
Our vendor is highly motivated and ready to meet the market.
Auction - don't miss your opportunity to secure this spacious family home in a popular Flagstaff location.
For viewing, please contact Sue on 027 431 9418.
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $780 × 52 weeks = $40,560, against the council valuation of $1,075,000. 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 |
|---|---|---|
| 2 rentals advertised nearby each adjusted to this property’s bedrooms and value | $742 | 19% |
| From its value what rentals in the area typically yield | $788 | 81% |
We read this property as a house with 4 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.
| Address | Beds | Asked | As this one | When | Away |
|---|---|---|---|---|---|
| 9 Santiago Placerealestate.co.nz ↗ | 5 | $900 | $742 | Oct 2026 | 140 m |
| 10 Westminster Placerealestate.co.nz ↗ | 4 | $800 | $849 | Oct 2026 | 2.2 km |
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.
61 Magellan Rise as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $780 | ||
| Property manager | ||
| Rent, 52 weeks | $40,560 | |
| 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 | $33,384 | |
| Interest $752,500 at 6.00%, interest only | −$45,150 | |
| Cash flow before tax | −$11,766 | |
| 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 | 4.44% | |
The rent covers the interest at rates up to 4.44%. That is -3.6% a year on a $323k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area240 m²
- Land area749 m²
- Decade built2010s
- Bedrooms4
- Bathrooms2
- Parking2 car spaces
- Property categoryUse not published
- CouncilHamilton City
- Valuation #4226-4074
- Valuation date1 Sep 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 number497898
- Title typeFreehold
- Legal descriptionLot 62 Deposited Plan 424968
- Addresses on this property2
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 Flagstaff
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.
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.