55E Rautawhiri Road, Helensville
Also 1 Rauta WayAuckland
Deadline Sale
- 4
- 1
- 2
- House
A project with potential
Calling all renovators, builders, investors and buyers looking for an affordable entry onto the property ladder. This could be the opportunity you have been waiting for.
Currently offering four bedrooms, one bathroom, an open-plan lounge, dining and kitchen area, plus a separate toilet and laundry, the property has suffered fire damage and requires work. For those with vision and a willingness to roll up their sleeves, there is potential to explore.
The decision is yours, renovate and bring it back to life or remove the existing dwelling and start afresh, perhaps even relocate a tiny home as a foothold onto the property ladder (subject to the necessary consents and approvals).
Whether you are searching for your next renovation project or looking for a site to explore the potential of a future new build, this bargain-buy is your chance to think outside the square and create something of your own.
Bring your ideas, assess the possibilities and see what you can make of it.
What's it worth? You tell us. This property MUST be sold!
Open homes 1
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $525 × 52 weeks = $27,300, against our estimate of $480,000. 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 | $527 | 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 55E Rautawhiri Road
CCB · special
KookminThe lowest rather than the highest is $97 less a fortnight — about $2,510 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$934/fn
ICBC4.65%s$951/fn
Bank of China4.68%s$955/fn
AIA New Zealand4.99%$989/fn
ANZ Bank New Zealand4.99%s$989/fn
ASB Bank4.99%$989/fn
Bank of Baroda4.99%$989/fn
Police Credit Union4.99%$989/fn
SBS Bank4.99%s$989/fn
TSB Bank4.99%s$989/fn
Unity Credit Union4.99%s$989/fn
Kiwibank5.15%s$1,008/fn
Bank of New Zealand5.19%$1,012/fn
The Co-operative Bank5.19%s$1,012/fn
Westpac New Zealand5.19%s$1,012/fn
First Credit Union5.29%s$1,024/fn- Kookmin Bank Auckland Branch5.35%$1,030/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
55E Rautawhiri Road as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate 5.01% is today’s 1-year average | ||
| Rent a week our estimate $525 | ||
| Property manager | ||
| Rent, 52 weeks | $27,300 | |
| 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 | $20,010 | |
| Interest $350,000 at 5.01%, interest only | −$17,535 | |
| Cash flow before tax | +$2,475 | |
| Cash flow a week | +$48 | |
| Gross / net yield on the price | 5.5% / 4.0% | |
| Return on equity cash flow on the deposit, before tax | 1.6% | |
| Loses money above this interest rate, before tax | 5.72% | |
The rent covers the interest at rates up to 5.72%. That is 1.6% a year on a $150k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area95 m²
- Decade built1990s
- Bedrooms3
- Bathrooms1
- Parking1 car space
- ImprovementsDwelling, outbuilding, other improvements
- Property categorySingle units, excluding bach
- CouncilAuckland
- Valuation #03021-00000041800-B
- Valuation date1 May 2024
- Rates this year, 2026/2027$2,460.04
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 numberNA128D/999
- Title typeCross lease
- Legal descriptionFlat 2 Deposited Plan 200443 and Garage 2 Deposited Plan 200443; Lot 3 Deposited Plan 163475
- Addresses on this property6
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.
The hazard maps could not be read just now.
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 Helensville
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.