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Unclaimed

25 Albert Street, Leigh

Auckland

Auction

  • 3
  • 1
  • 3
  • 170m²
  • 1,173 m²
  • House
  • Separate toilet
  • 1 Garage
  • 2 Carport
Fencing
Partially fenced
Views
Harbour / sea
Exterior
Weatherboard
Water supply
Tank
Sewage
Tank

Leigh Classic With Spectacular Views

Some homes have a special kind of magic, and this much-loved original bungalow in Leigh is one of them. Enjoying absolutely stunning, expansive views stretching across the sparkling Hauraki Gulf towards the Coromandel and Great Barrier Island, this is a property that captures the beauty of coastal living and the charm of a home with a story to tell.

Built in the mid 1970s, the bungalow has been a happy home for many years, filled with memories and a wonderful sense of history. One of its special features is the original Rimu flooring, milled at the vendors' own local sawmill back when the home was built. A beautiful connection to the property's past, these floors add warmth, character and authenticity that simply cannot be replicated.

Set on a generous 1,173m2 site, there is plenty of room to embrace a more relaxed, garden focused lifestyle. The grounds are already home to established vegetable gardens and fruit trees, offering the opportunity to enjoy homegrown produce and make the most of the space around you.

Location is another highlight, with Leigh's local shops just a short stroll away, while the beautiful beaches of Pakiri and the renowned marine reserve at Goat Island are only a short drive from your doorstep.

Whether you are looking for a permanent coastal home, a place to unwind and enjoy the simple pleasures of life, or a property with plenty of character and a spectacular outlook, this Leigh classic is full of heart and potential.

A home with history, a garden with promise and views that will never grow old.

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Open homes 3

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OwnBetter estimate
$1.31m
Medium confidence

We estimate it would sell for $1,310,000 as at 5 October 2026, in a range of $1,120,000 to $1,490,000.

Typical home in Leigh
$1.24m
The median of our estimates of its 633 homes
How we worked this out
Council valuation, May 2024$1,360,000
Market movement in Auckland since the council valuation−4.8%
Apartments and houses in Auckland+0.1%
How Leigh sells against council values+1.4%
Homes of this age in Leigh−0.5%
Homes in this price range+0.1%
Land as a share of the value+0.6%
Nearby recent sales (14)−0.2%
Our estimate$1,310,000

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

25 Albert Street as a rental

Rent estimate$870/wk$760–$1,000 · Little evidence
Gross yield3.5%$45,240 a year on $1.31m
Net yield2.8%After $8,004 of costs
Cash flow−$342/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $870
Property manager
Rent, 52 weeks$45,240
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$37,236
Interest $917,000 at 6.00%, interest only−$55,020
Cash flow before tax−$17,784
Cash flow a week−$342
Gross / net yield on the price3.5% / 2.8%
Return on equity cash flow on the deposit, before tax−4.5%
Loses money above this interest rate, before tax4.06%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 4.06%. That is -4.5% a year on a $393k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area170 m²
  • Land area1,173 m²
  • Decade built1970s
  • Bedrooms3
  • Bathrooms2
  • Parking1 car space
  • Property categoryUse not published
  • CouncilAuckland
  • Valuation #00931-00000007100
  • 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

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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…

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 Leigh

Auckland
703
Properties on the rating roll
1 May 2024
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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