- 3
- 1
- 83m²
- 452 m²
- House
Starting Out or Downsizing
Affordable, inviting, and move in ready with key upgrades already completed,
Step inside to discover a warm and welcoming open plan layout featuring a stylish newly installed galley style kitchen, a cosy window seat in the dining area captures the morning sun. Ranch slider open onto a sunny north facing deck, the perfect spot for relaxing at the end of the day.
The home offers bedrooms, all with built-in wardrobes, along with a renovated bathroom, separate toilet, and separate laundry for practical family living. Timber features throughout add warmth and character, while the freestanding Kent-style fire keeps the home cosy through the cooler months.
Outside, the fully fenced section provides privacy and security for children and pets, complete with a double carport and space for keen gardeners to enjoy. Green thumbs will appreciate the added bonus of connection to the Kaiwaka farm water supply.
Conveniently located within easy walking distance to Kaiwaka village shops, cafes, and local amenities, this property also offers exceptional access for commuters, less than a hour to Albany, 45 minutes to Whangarei, 35 minutes to Warkworth, and just a short drive to Mangawhai Heads and stunning east coast beaches.
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $590 × 52 weeks = $30,680, against the council valuation of $600,000. 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 | $589 | 100% |
We read this property as a house. 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.
5A Marshall Road as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $590 | ||
| Property manager | ||
| Rent, 52 weeks | $30,680 | |
| 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 | $25,252 | |
| Interest $420,000 at 6.00%, interest only | −$25,200 | |
| Cash flow before tax | +$52 | |
| Cash flow a week | +$1 | |
| Gross / net yield on the price | 5.1% / 4.2% | |
| Return on equity cash flow on the deposit, before tax | 0.0% | |
| Loses money above this interest rate, before tax | 6.01% | |
The rent covers the interest at rates up to 6.01%. That is 0.0% a year on a $180k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area83 m²
- Land area452 m²
- Property categoryRD199B
- Zoning (valuer’s record)9A
- CouncilKaipara District
- Valuation #1210-4932
- Valuation date1 Sep 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 numberNA120C/726
- Title typeFreehold
- Legal descriptionLot 1 Deposited Plan 190848
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 Kaiwaka
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.