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Unclaimed

62 Riverview Road, Huntly

Waikato District

Negotiation

  • 2,438 m²
  • Section

Development Opportunity with the Groundwork Done

This substantial residential section presents an exciting development opportunity, with many of the major steps already completed. Waikato District Council granted consent in September 2025 for the subdivision into five lots, including both Engineering Consent and Land Use Consent.

The proposed development features a stylish mix of homes, including a two-storey, four-bedroom, two-bathroom duplex; a single-storey, three-bedroom, one-bathroom duplex; and a standalone three-bedroom, one-bathroom home. All properties have been designed with garaging and to capture views towards the water.

The site is already secured with new fencing, while established mature trees, including a selection of older fruit trees, have been retained to add character and appeal for future residents.

Location adds another layer of convenience, with a public playground right at the end of the driveway and a bus stop directly outside. Cross the bridge and you can be in town within around five minutes, while the nearby riverside provides an ideal spot for an easy stroll.

With consents in place, plans prepared and a fantastic location, this is an opportunity to bring an exciting multi-home development to life. Call or email me for an information pack today! Call Renee Boleyn 027 729 9448 / [email protected]

PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru, Hamilton City Council (LIM) or Title documents. They have not been measured by the Salesperson or Online Realty Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.

What you’ll love about this place

  • About 50 m from a river

From LINZ's topographic maps: how near the land comes to the water's edge.

OwnBetter estimate
$582k
Medium confidence

We estimate it would sell for $582,000 as at 5 October 2026, in a range of $522,000 to $662,000.

Typical home in Huntly
$513k
The median of our estimates of its 2,846 homes
How we worked this out
Council valuation, Oct 2023$540,000
Market movement in Waikato District since the council valuation+1.8%
How Huntly sells against council values+1.5%
Homes of this age in Huntly+0.2%
Homes in this price range+1.4%
Land as a share of the value−2.4%
Nearby recent sales (15)−0.5%
Its own sale in 2020+5.4%
Our estimate$582,000

We start from the council's rating valuation, move it by how sales in the area have moved since against their own council values, then by how properties like this one, nearby sales and its own last sale have done against the same arithmetic. Each step is an average of real sales. Tested every month against sales we had not seen: half land within about 6% of our estimate, and about 8 in 10 within the range. This is an automated estimate, not a registered valuation.

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

62 Riverview Road as a rental

Rent estimate$580/wk$500–$670 · Little evidence
Gross yield5.2%$30,160 a year on $582k
Net yield4.3%After $5,336 of costs
Cash flow+$7/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
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 $407,400 at 6.00%, interest only−$24,444
Cash flow before tax+$380
Cash flow a week+$7
Gross / net yield on the price5.2% / 4.3%
Return on equity cash flow on the deposit, before tax0.2%
Loses money above this interest rate, before tax6.09%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 6.09%. That is 0.2% a year on a $175k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area114 m²
  • Land area2,438 m²
  • Decade built1910s
  • Bedrooms3
  • Bathrooms1
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilWaikato District
  • Valuation #4330-28900
  • Valuation date1 Oct 2023

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 numberSA885/209
  • Title typeFreehold
  • Legal descriptionLot 1 Deposited Plan 28811
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

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Building consents

We hold no building consents for this property yet. The council may hold records we have not seen.

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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.

Reading the council's maps…

What could you build here?

See how big a house this section takes at one, two and three storeys, inside the zone’s yards and height rules. Then ask builders to price the shape you pick.

About Huntly

Waikato District
3,554
Properties on the rating roll
1 Oct 2023
Last council revaluation

Counts describe the records we hold for this territorial authority, not a market forecast. Our estimate above is automated, not a registered valuation; how it was reached is shown with it. Every council figure on this page can be checked against the council's own record.

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