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UnclaimedResidential

1 Owen Road, Kawerau

Kawerau District

Asking Price $585,000

  • 3
  • 1
  • 2
  • 148m²
  • 661 m²
  • House
  • 1 Lounge
  • 2 Garage
Roof
Colorsteel, Corrugated Iron, Longrun
Exterior
Iron

Sharp Price For A Sharp Property

Some homes simply offer more. This three bedroom barn style home delivers space, flexibility and a genuine sense of ease; set within one of Kawerau's most popular and established valley locations. Whether you are seeking a family base, a quieter pace of life, or a place to pursue your passions; this property adapts to the way you want to live.

Step inside and the volume is immediately apparent. Light and warm, the modern open plan kitchen, dining and living area offer absolute ease and flow to the outdoors. A fireplace with wetback and three heat pumps ensure comfort year round, complemented by insulation and double glazing throughout. Sliding doors open to a covered patio; the natural place for morning coffee or relaxed entertaining.

The current owner has upgraded many areas of the property inside and out; including a new kitchen and bathroom, along with the veranda and deck which wraps around two sides of the house. The section is now fully fenced for children and pets, and landscaped with shrubs and an orchard of fruit trees. All downstairs lighting has been replaced with new energy saving LED fittings.

Two generous bedrooms occupy the ground floor, complemented by a beautifully appointed modern bathroom with a large separate shower and integrated laundry; designed with accessibility in mind. Upstairs, a third bedroom offers flexibility with views across the park and hills.

The oversized, high stud, internal access garage is the standout; clearance for a motorhome, boat or caravan, plus a mezzanine for storage above. Two council consented concrete pads provide additional parking. Hilldale Reserve sits next door.

Could this property help you to your next horizon? Let's find out; give Jessy Kelly a call today on 0277365265.

Rent estimate · 30 Oct 2026
$480 – $640/week
Most likely about $560 a week · Little evidence: a rough guide
Estimated rental yield
5.4%
What is rental yield?

Gross rental yield is a year’s rent as a share of what the property is worth: $560 × 52 weeks = $29,120, against the council valuation of $540,000. 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
From its value what rentals in the area typically yield$559100%

We read this property as a house 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.

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

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 Owen Road as a rental

Rent estimate$560/wk$480–$640 · Little evidence
Gross yield5.4%$29,120 a year on $540k
Net yield4.4%After $5,152 of costs
Cash flow+$25/wk30% deposit, interest only at 6.00%
Line
Price Council valuation
Deposit
Interest rate
Rent a week our estimate $560
Property manager
Rent, 52 weeks$29,120
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$23,968
Interest $378,000 at 6.00%, interest only−$22,680
Cash flow before tax+$1,288
Cash flow a week+$25
Gross / net yield on the price5.4% / 4.4%
Return on equity cash flow on the deposit, before tax0.8%
Loses money above this interest rate, before tax6.34%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 6.34%. That is 0.8% a year on a $162k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area148 m²
  • Land area661 m²
  • Bedrooms2
  • Property categoryRD201C
  • Zoning (valuer’s record)9A
  • CouncilKawerau District
  • Valuation #7287-25000
  • Valuation date1 Aug 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 and land

Order a title record
  • Title numberSA31A/489
  • Title typeFreehold
  • Legal descriptionLot 51 Deposited Plan South Auckland 34293
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

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.

Unclaimed
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What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
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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.

Zoning (rating roll)9A

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 Kawerau

Kawerau District
3,040
Properties on the rating roll
1 Aug 2025
Last council revaluation
Buyer demand

8 people looked at properties in Kawerau 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.

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