
- 4
- 2
- 7
- 4.05 ha
- Lifestyle property
- 1 Lounge
- 1 Dining room
- Ensuite
- Workshop
- 1 Garage
- 6 Off-street parks
- Boat parking
- Deck / patio
- Garden shed
- Heat pump
- Fencing
- Fully Fenced
- Views
- Rural
- Aspect
- Northerly
- Insulation
- Ceiling
- Roof
- Metal Tile
- Exterior
- Weatherboard Timber
- Flooring
- Carpet, Polished, Timber
- Hot water
- Electric
- Sewage
- Septic Tank
CHARMING 1970S BUNGALOW ON FUTURE URBAN LAND
Imagine waking up on a sprawling 40,469 sqm (approximately 10 acres) of Future Urban Zone land and a beautiful countryside, surrounded by lush landscapes and the peace of rural living. This inviting four-bedroom, two-bathroom bungalow in sought-after Kumeu offers the perfect balance of space, privacy and convenience, just moments from local amenities and everything you need.
Embrace the opportunity to make this home truly yours. While some TLC is required, the generous land size (approx. 4.0 ha) provides endless potential for the creative renovator or enthusiastic handyperson. Whether you dream of a flourishing family homestead, horses grazing in the paddocks, or tending to sheep and cattle, this property delivers space for all your rural ambitions.
Set in the heart of Kumeu's planned long-term future growth area, this property is a smart investment for those seeking both lifestyle and capital gains. Treasure the charm of the 1970s-era bungalow, cultivate your own vegetable garden, and enjoy the freedom of wide-open spaces.
The residence features four bedrooms, including three spacious doubles (each opening onto the outdoors) and a master suite with ensuite and walk-in wardrobe. Gorgeous wooden floors, an original kitchen, and a generous dining/living area lead to sunny north-facing decking, perfect for entertaining or relaxing. The former swimming pool area now offers a large, grassy space ready for your new ideas. Multiple paddocks are ideal for livestock, with an implement shed midway for equipment and additional sheds near the house for vehicles, workshops, or hobbies. If you're searching for a family haven or a rural retreat with room to grow, don't miss your chance. Contact us today for a private viewing.
PLEASE NOTE: "This property is in part designated for a future road by Auckland Transport. A plan showing the extent of the designation is attached. This property has been placed on the market to support an application for a whole property purchase order to be made to the Environment Court under s185 Resource Management Act 1991 (RMA). The designation has blighted the value of the property, but no allowance can be made for this as s185(3) RMA requires the property to be marketed at its full current market value ignoring the depressant effect of the designation on value. Should you require any advice on the effect of the designation please note:
A - As Real Estate Agents, we are neither qualified to give any such advice nor are we authorised by the vendors to make any warranties or representations on their behalf as to the designation.
B - You should consult your solicitor should you require any advice on the effect of the designation."
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $1,115 × 52 weeks = $57,980, against the council valuation of $3,175,000. 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 | $1,114 | 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.
101-107 Puke Road as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $1,115 | ||
| Property manager | ||
| Rent, 52 weeks | $57,980 | |
| 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 | $47,722 | |
| Interest $2,222,500 at 6.00%, interest only | −$133,350 | |
| Cash flow before tax | −$85,628 | |
| Cash flow a week | −$1,647 | |
| Gross / net yield on the price | 1.8% / 1.5% | |
| Return on equity cash flow on the deposit, before tax | −9.0% | |
| Loses money above this interest rate, before tax | 2.15% | |
The rent covers the interest at rates up to 2.15%. That is -9.0% a year on a $953k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Land area4.05 haBoundary measures 4.35 ha
- ImprovementsDwelling, freestanding garage, outbuildings, other improvements
- Property categoryLifestyle - single unit
- CouncilAuckland
- Valuation #30934-00000041400
- Valuation date1 May 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 numberNA13B/1033
- Title typeFreehold
- Legal descriptionLot 1 Deposited Plan 58931
- Addresses on this property2
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 Kumeū
6 people looked at properties in Kumeū 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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