36 Mabel Street, Levin
Horowhenua District
Deadline Sale
- 3
- 1
- 1
- 132m²
- 796 m²
- House
Character, charm and a whole lot of potential!
Wanting the character of a villa but wanting to put your own stamp on it? Roll up your sleeves and reap the rewards, this classic villa could be just the opportunity you've been waiting for.
From the street, the traditional bay window, character verandah and established grounds offer a glimpse of the charm waiting to be brought back to life.
Step inside and discover three generous bedrooms, a separate lounge filled with natural light, and a traditional central hallway connecting the home.
With original features and original interiors throughout, there's plenty of scope to renovate, refresh and restore this beauty to its former glory.
Set on a flat 800m2 (approx.) section, there's room to make the most of outdoor living, gardening or simply enjoying the space.
This is your chance to turn this villa into something truly special! Get in touch today!
Open homes 1
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $460 × 52 weeks = $23,920, against our estimate of $369,000. 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 | $462 | 100% |
We read this property as a house with 3 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.
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.
What it would cost to buy 36 Mabel Street
CCB · special
KookminThe lowest rather than the highest is $77 less a fortnight — about $2,008 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$747/fn
ICBC4.65%s$761/fn
Bank of China4.68%s$764/fn
AIA New Zealand4.99%$792/fn
ANZ Bank New Zealand4.99%s$792/fn
ASB Bank4.99%$792/fn
Bank of Baroda4.99%$792/fn
Police Credit Union4.99%$792/fn
SBS Bank4.99%s$792/fn
TSB Bank4.99%s$792/fn
Unity Credit Union4.99%s$792/fn
Kiwibank5.15%s$806/fn
Bank of New Zealand5.19%$810/fn
The Co-operative Bank5.19%s$810/fn
Westpac New Zealand5.19%s$810/fn
First Credit Union5.29%s$819/fn- Kookmin Bank Auckland Branch5.35%$824/fn
Principal and interest at the lowest advertised card rate, held for the whole loan — no New Zealand rate is. A guide, not a lending offer or financial advice. How much could you borrow? · Mortgage calculator
36 Mabel Street as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate 5.01% is today’s 1-year average | ||
| Rent a week our estimate $460 | ||
| Property manager | ||
| Rent, 52 weeks | $23,920 | |
| 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 | $19,688 | |
| Interest $280,000 at 5.01%, interest only | −$14,028 | |
| Cash flow before tax | +$5,660 | |
| Cash flow a week | +$109 | |
| Gross / net yield on the price | 6.0% / 4.9% | |
| Return on equity cash flow on the deposit, before tax | 4.7% | |
| Loses money above this interest rate, before tax | 7.03% | |
The rent covers the interest at rates up to 7.03%. That is 4.7% a year on a $120k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area132 m²
- Land area796 m²
- Decade built1910s
- Bedrooms3
- Bathrooms1
- Parking1 car space
- Property categoryUse not published
- CouncilHorowhenua District
- Valuation #15070-1701
- 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 and land
Order a title record- Title numberWN19D/1061
- Title typeFreeholdGuaranteedStandard registered title
- Estate descriptionFee Simple, 1/1, Lot 1 Deposited Plan 49612, 796 m2
- Legal descriptionLot 1 Deposited Plan 49612
- Title issued27 Jun 1979
- Land districtWellington
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.
We do not hold flood maps for Horowhenua District yet.
Contaminated land
Councils keep registers of land used for activities on the Hazardous Activities and Industries List (HAIL) — service stations, timber treatment, orchards, landfills. A listing records how land was used, not that it is contaminated: most sites have never been tested.
Horizons does not publish its register. Its HAIL information request form asks it what it holds on a property.
Ask Horizons Regional CouncilWhat 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 Levin
13 people looked at properties in Levin 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.
Agents active in Levin
People whose office is within 5 km of Levin, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Claim it, then find everything else you own.
A single search across NZ property records finds other titles in your name and in companies you are a director of. Most owners find at least one they had forgotten was held somewhere else.