Shared parcel · 1,111 m² · LINZ
Unclaimed

41 Cameron Road, Hamilton East

Also 10/41 Cameron Road

Hamilton · Hamilton City

Last sold Jul 2021

Rent estimate · 20 Oct 2026
$380 – $520/week
Most likely about $445 a week · Little evidence: a rough guide
Estimated rental yield
6.7%
What is rental yield?

Gross rental yield is a year’s rent as a share of what the property is worth: $445 × 52 weeks = $23,140, against the council valuation of $345,000. 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
2 rentals advertised nearby each adjusted to this property’s bedrooms and value$3691%
From its value what rentals in the area typically yield$44799%

We read this property as an apartment with 2 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.

Rentals it leaned on
AddressBedsAskedAs this oneWhenAway
49 Fitzroy Avenuerealestate.co.nz ↗3$610$369Oct 20263.3 km
10 Westminster Placerealestate.co.nz ↗4$800$351Oct 20267.7 km

These are computer-generated guides only, not a rental appraisal.

Part of 41 Cameron Road · Unit Title One of 10 units on Deposited Plan 24388. The boundary on the map is the whole building's — a unit title sits over the parcel the development shares. See the whole building →
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

41 Cameron Road as a rental

Rent estimate$445/wk$380–$520 · Little evidence
Gross yield6.7%$23,140 a year on $345k
Net yield5.5%After $4,094 of costs
Cash flow+$88/wk30% deposit, interest only at 6.00%
Line
Price Council valuation
Deposit
Interest rate
Rent a week our estimate $445
Property manager
Rent, 52 weeks$23,140
Empty between tenants 2 weeks
Property management 9.2% incl. GST
Maintenance 5% of rent
Council rates this year
Landlord insurance the building
Body corporate levy operating levy
Net income before interest$19,046
Interest $241,500 at 6.00%, interest only−$14,490
Cash flow before tax+$4,556
Cash flow a week+$88
Gross / net yield on the price6.7% / 5.5%
Return on equity cash flow on the deposit, before tax4.4%
Loses money above this interest rate, before tax7.89%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 7.89%. That is 4.4% a year on a $104k deposit. We don’t know this unit’s body corporate levy yet: type it in, or ask the agent for the disclosure statement. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area71 m²
  • Decade built1970s
  • Bedrooms2
  • Bathrooms1
  • Parking1 car space
  • Property categoryUse not published
  • CouncilHamilton City
  • Valuation #4231-31600-D
  • 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 numberSA22B/1407
  • Title typeUnit TitleGuaranteed
  • Estate descriptionStratum in Freehold, 1/1, Unit GD and Accessory Unit GD1, GD2 and GD3 Deposited Plan South Auckland 24388
  • Legal descriptionUnit GD and Accessory Unit GD1, GD2 and GD3 Deposited Plan South Auckland 24388
  • Title issued12 Jul 1977
  • Land districtSouth Auckland
  • Addresses on this property9
Registered instruments1 registered instrument on this title, 1 on the buildingChange of Rules/Address of Body Corporate · Mortgage Only routine instruments registered See the title summary →

Owners and the parties to each instrument are not published on this page. Order the record of title to see them.

Getting around

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 · 25 land use or subdivision consents within 250 m.

Within 250 m

  1. 26 Sep 2024
    Subdivision

    Unit Title Subdivision based on existing consented land use for apartments

    011.2024.00008502.001 · Hamilton City
    189 mGranted
  2. 20 Dec 2023
    Land use

    Change of Conditions - Section 127

    010.2019.00010663.003 · Hamilton City
    189 mGranted
  3. 20 Dec 2023
    Subdivision

    Change of Conditions - Section 127

    011.2019.00007074.004 · Hamilton City
    189 mGranted
  4. 5 Jul 2023
    Land use

    Ancillary Flat

    010.2023.00012744.001 · Hamilton City
    90 mGranted
  5. 22 Jun 2022
    Subdivision

    Unit Title Subdivision creating 5 principal & 4 accessory lots around existing apartment building in the low flood hazard area

    011.2022.00007989.001 · Hamilton City
    27 mGranted
  6. 8 Apr 2022
    Land use

    Apartment Units - Concurrent resource consent to establish an apartment building containing five residential units and subsequent unit title subdivision -Building line restriction removal application

    010.2022.00012185.001 · Hamilton City
    196 mGranted

Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents

Unclaimed
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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.

The hazard maps could not be read just now.

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.

Waikato Regional Council does not publish its register. Ask it for a HAIL search on the property; some district councils sell their own report.

Ask Waikato Regional Council

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 Hamilton East

Hamilton City
5,638
Properties on the rating roll
1 Sep 2024
Last council revaluation
Buyer demand

21 people looked at properties in Hamilton East this week.

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.

Agents active in Hamilton East

People whose office is within 5 km of Hamilton East, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.

Who sold the most in Hamilton East →
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