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Unclaimed

1 Ludlow Place, Katikati

Western Bay of Plenty District

Deadline Sale

  • 4
  • 2
  • 2
  • 201m²
  • 684 m²
  • House
  • 2 Lounges
  • 2 Garage
Roof
Concrete Tile
Exterior
Brick

The Lifestyle Upgrade You’ve Been Waiting For

First time to market, 1 Ludlow Place is set on a quiet corner section. This beautifully designed four-bedroom home offers a lovely sense of privacy and space. From the moment you arrive, the quality of design and build is evident, with a thoughtful layout created for comfortable modern living.

Step inside and you’ll find generous living spaces including separate family lounge, open dining, kitchen and living area that connect beautifully with the outdoors surroundings. Whether you want to work in the vege garden or relax and enjoy the peaceful, private garden, this is a home designed for both easy living and memorable gatherings with family and friends.

The accommodation is practical and well considered, with four bedrooms including a large ensuite, along with a well-appointed family bathroom. A large double garage provides excellent vehicle accommodation and storage, with the added convenience of a dedicated laundry area.

Positioned in a peaceful corner setting within a desirable Katikati community, 1 Ludlow Place offers the ideal combination of quality, privacy and lifestyle appeal. Whether you are looking for a spacious family home or simply seeking a property where you can settle in and enjoy, this is an opportunity not to be missed.

Having never previously been offered to the market, this special home is ready for its next chapter. Come and experience the space, quality and relaxed indoor–outdoor living for yourself—your viewing is warmly encouraged.

For more information or to book a viewing contact Tara Kehoe 021 227 5168

Open homes 1

Sun, 8 Nov1:30 pm – 2:00 pm
.ics
OwnBetter estimate
$889k
Medium confidence

We estimate it would sell for $889,000 as at 5 October 2026, in a range of $760,000 to $1,010,000.

Typical home in Katikati
$732k
The median of our estimates of its 1,983 homes
How we worked this out
Council valuation, Aug 2025$900,000
Market movement in Western Bay of Plenty District since the council valuation−0.5%
Apartments and houses in Western Bay of Plenty District−0.1%
How Katikati sells against council values+0.2%
Homes of this age in Katikati+0.1%
Homes in this price range−0.3%
Land as a share of the value−0.3%
Nearby recent sales (15)−0.4%
Our estimate$889,000

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 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

1 Ludlow Place as a rental

Rent estimate$715/wk$620–$830 · Little evidence
Gross yield4.2%$37,180 a year on $889k
Net yield3.4%After $6,578 of costs
Cash flow−$130/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $715
Property manager
Rent, 52 weeks$37,180
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$30,602
Interest $622,300 at 6.00%, interest only−$37,338
Cash flow before tax−$6,736
Cash flow a week−$130
Gross / net yield on the price4.2% / 3.4%
Return on equity cash flow on the deposit, before tax−2.5%
Loses money above this interest rate, before tax4.92%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 4.92%. That is -2.5% a year on a $267k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area201 m²
  • Land area684 m²
  • Decade built2000s
  • Bedrooms4
  • Bathrooms2
  • Property categoryUse not published
  • CouncilWestern Bay of Plenty District
  • Valuation #6817-70096
  • Valuation date1 Aug 2025

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 number106754
  • Title typeFreehold
  • Legal descriptionLot 23 Deposited Plan 326265
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…

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About Katikati

Western Bay of Plenty District
2,585
Properties on the rating roll
1 Aug 2025
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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