Aerial · LINZ aerial
Title boundary · 869 m² · LINZ
Unclaimed

15C Lanark Road, Kerikeri

Far North District

$580,000

  • 3
  • 1
  • 3
  • 96m²
  • 869 m²
  • House

Affordable Living in Kerikeri

Positioned on a generous 870 sq m freehold section, 15C Lanark Road presents an exciting opportunity for first-home buyers, investors, young families or anyone looking to add value in a convenient Kerikeri location.

The home features an open-plan layout with three bedrooms, one bathroom and comfortable living spaces designed for everyday life. Outside, the backyard offers plenty to enjoy, including a covered deck, fire pit and barbecue area, along with ample room for children and pets to play. A cabin provides a valuable bonus and could be used as a home office, studio, hobby room or additional storage.

Bordering the property is an open reserve, providing even more space for walking the dog, enjoying the outdoors or giving the children room to explore. Located within easy reach of Kerikeri’s shops, schools, cafés and essential services, this is an affordable opportunity to secure a standalone home with space, privacy and future potential.

Whether you are searching for your first home, a renovation project or a promising addition to your investment portfolio, 15C Lanark Road deserves your attention.

Contact Ash today at New Zealand Sotheby's International Realty for further information or to arrange a private viewing. * Boundary lines are indicative only * Interior images are virtually staged

OwnBetter estimate
$536k
Medium confidence

We estimate it would sell for $536,000 as at 5 October 2026, in a range of $481,000 to $609,000.

Typical home in Kerikeri
$904k
The median of our estimates of its 4,708 homes
How we worked this out
Council valuation, Sept 2025$520,000
Market movement in Far North District since the council valuation+0.4%
How Kerikeri sells against council values−0.5%
Homes of this age in Kerikeri+0.7%
Homes in this price range+0.4%
Land as a share of the value+0.4%
Nearby recent sales (15)−0.2%
Its own sale in 2016+1.8%
Our estimate$536,000

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

15C Lanark Road as a rental

Rent estimate$555/wk$480–$640 · Little evidence
Gross yield5.4%$28,860 a year on $536k
Net yield4.4%After $5,106 of costs
Cash flow+$24/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $555
Property manager
Rent, 52 weeks$28,860
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$23,754
Interest $375,200 at 6.00%, interest only−$22,512
Cash flow before tax+$1,242
Cash flow a week+$24
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 tax6.33%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 6.33%. That is 0.8% a year on a $161k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area96 m²
  • Land area870 m²
  • Decade built1960s
  • Bedrooms3
  • Bathrooms1
  • Property categoryUse not published
  • CouncilFar North District
  • Valuation #215-13320
  • Valuation date1 Sep 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 and land

Order a title record
  • Title numberNA117B/369
  • Title typeFreehold
  • Legal descriptionLot 2 Deposited Plan 187108
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.

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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 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 Kerikeri

Far North District
5,980
Properties on the rating roll
10 Jun 2026
Last council revaluation
Buyer demand

15 people looked at properties in Kerikeri this week.

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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