Shared parcel · 1,765 m² · LINZ
Unclaimed

109/157 Waterloo Road, Hutt Central

Lower Hutt · Lower Hutt City

Lower Hutt Central Fire Station (Former). CC BY-SA 3.0 Image courtesy of commons.wikimedia.org
Heritage listCategory 1 historic place

Lower Hutt Central Fire Station (Former)

List No. 9319Built 1955Listed 2010

Completed in 1955, the Lower Hutt Central Fire Station (Former) is a representative example of Post-War Modernist design and construction in reinforced concrete. Commissioned by the Lower Hutt Fire Board, it opened in time to mark the 50th Jubilee of the Lower Hutt Fire Brigade and started an important chapter in the fire fighting services for Lower Hutt.

Read the entry on the Heritage List →

Photo: Rudolph89, 2012, © Rudolph89 - Wikimedia Commons

OwnBetter estimate
$674k
Medium confidence

We estimate it would sell for $674,000 as at 5 October 2026, in a range of $576,000 to $766,000.

Typical home in Hutt Central
$896k
The median of our estimates of its 1,226 homes
How we worked this out
Council valuation, Aug 2025$680,000
Market movement in Lower Hutt City since the council valuation−2.1%
How Hutt Central sells against council values−0.1%
Homes of this age in Hutt Central+0.7%
Homes in this price range+0.4%
Land as a share of the value+0.1%
Nearby recent sales (15)+0.1%
Our estimate$674,000

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.

Part of 157 Waterloo Road · Unit Title One of 14 units on Deposited Plan 582059. The boundary on the map is the whole building's — a unit title sits over the parcel the development shares. See the whole building →
My notes
Thinking of buying?Free pre-purchase running cost report Mortgage repayments, this year’s council rates, and estimates for insurance, electricity, gas and internet at this address — saved to your watchlist.
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What it costs to live here

Home expense estimates

Mortgage: open the section
$2,733a 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.

Home loan

What it would cost to buy 109/157 Waterloo Road

Every rate from 36 lenders →
Estimated repayments
$1,261
$540,000 at 4.49% 1 year fixed with China Construction Bank, over 30 years
Loan length
1 year fixed today · 17 lenders
Lowest4.49%CCB · special
Average5.02%
Highest5.35%Kookmin

The lowest rather than the highest is $130 less a fortnight — about $3,389 over the 1 year.

All 17 lenders at 1 year fixed
  • China Construction Bank4.49%s$1,261/fn
  • ICBC4.65%s$1,285/fn
  • Bank of China4.68%s$1,289/fn
  • AIA New Zealand4.99%$1,336/fn
  • ANZ Bank New Zealand4.99%s$1,336/fn
  • ASB Bank4.99%$1,336/fn
  • Bank of Baroda4.99%$1,336/fn
  • Police Credit Union4.99%$1,336/fn
  • TSB Bank4.99%s$1,336/fn
  • Unity Credit Union4.99%s$1,336/fn
  • Kiwibank5.15%s$1,360/fn
  • Bank of New Zealand5.19%$1,366/fn
  • SBS Bank5.19%s$1,366/fn
  • The Co-operative Bank5.19%s$1,366/fn
  • Westpac New Zealand5.19%s$1,366/fn
  • First Credit Union5.29%s$1,382/fn
  • Kookmin Bank Auckland Branch5.35%$1,391/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 109/157 Waterloo Road. Free for you — lenders pay brokers — and nobody sees your name until you choose one.

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

Investor insights

109/157 Waterloo Road as a rental

Rent estimate$625/wk$540–$720 · Little evidence
Gross yield4.8%$32,500 a year on $674k
Net yield4.0%After $5,750 of costs
Cash flow+$59/wk30% deposit, interest only at 5.02%
Line
Price Our estimate
Deposit
Interest rate 5.02% is today’s 1-year average
Rent a week our estimate $625
Property manager
Rent, 52 weeks$32,500
Empty between tenants 2 weeks
Property management 9.2% incl. GST
Maintenance 5% of rent
Council rates this year
Landlord insurance the building
Body corporate levy operating levy
Net income before interest$26,750
Interest $471,800 at 5.02%, interest only−$23,684
Cash flow before tax+$3,066
Cash flow a week+$59
Gross / net yield on the price4.8% / 4.0%
Return on equity cash flow on the deposit, before tax1.5%
Loses money above this interest rate, before tax5.67%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.67%. That is 1.5% a year on a $202k deposit. We don’t know this unit’s body corporate levy yet: type it in, or ask the agent for the disclosure statement. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area86 m²
  • Decade built2020s
  • Property categoryUse not published
  • CouncilLower Hutt City
  • Valuation #16054-64008-I
  • 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 number1087543
  • Title typeUnit TitleGuaranteedStandard registered title
  • Estate descriptionStratum in Freehold, 1/1, Principal Unit 9 Deposited Plan 582059 and Accessory Unit 23 Deposited Plan 582059 and 1/3 share of Accessory Unit 15 Deposited Plan 582059
  • Legal descriptionPrincipal Unit 9 Deposited Plan 582059 and Accessory Unit 23 Deposited Plan 582059 and 1/3 share of Accessory Unit 15 Deposited Plan 582059
  • Title issued2 Aug 2023
  • Land districtWellington
Registered instruments1 registered instrument on this title, 12 on the buildingEasement Instrument ×5 · Application for Deposit of Unit Title Plan · Consent Notice under s221(4)(a) Resource Management Act 1991 · Covenant (All types except Land covenants) · Easement Certificate · Mortgage · Transfer · Unit Titles Act 2010 - Assessment of ownership interests - s32(2)(b) & (3)(b) See the title summary →
  • Worth asking aboutNatural hazardon the buildingThe council consented building work on land it considers subject to a natural hazard, such as flooding, erosion or slippage. It can affect insurance.

Owners and the parties to each instrument are not published on this page. Order the record of title to see them.

Getting around
Train station
Waterloo Station
11 min walk · 633 m · about every 15 min
HVLWRL
Bus stop
Waterloo Road opposite Chilton St James School
3 min walk · 137 m · about every 20 min
149160170852854N66
Stops: Greater Wellington Regional CouncilWalk times estimated, not routed

Listings

Selling this property, or the agent for it? Import the listing from your agency's site or a portal and it appears here, free: photos, price, open homes and your details, beside the council record buyers are already reading.

Building consents

We hold no building consents for this property yet. The council may hold records we have not seen.

Resource consents

What the council has been asked to allow under the Resource Management Act. None on this property · 25 land use or subdivision consents within 250 m.

Within 250 m

  1. 7 Oct 2024
    Land use

    To discharge stormwater in perpetuity from approximately 1,052 m2 of new impervious surfaces.

    39902* · Greater Wellington Regional
    142 mGranted
  2. 27 Jun 2024
    Land use and subdivision

    Construction of 20 new dwellings, signage and earthworks and 22-lot subdivision

    RM240242 · Hutt City
    142 mGranted
  3. 26 Jun 2023
    Land use and subdivision

    Multi-unit residential development

    RM230143 · Hutt City
    79 mGranted
  4. 22 Dec 2022
    Land use and subdivision

    Construction of 35 townhouses and associated subdivision

    RM220484 · Hutt City
    80 mGranted
  5. 11 Oct 2022
    Land use

    To construct and maintain cone penetration tests (BQ32/0912, BQ32/0913, BQ32/0914, BQ32/0915, BQ32/0916) for geotechnical investigation purposes at 26 and 26a Marina Grove, Lower Hutt.

    38614* · Greater Wellington Regional
    80 mGranted
  6. 6 Sep 2022
    Land use

    To construct and maintain cone penetration tests for geotechnical investigation purposes (BQ32/0895, BQ32/0896, BQ32/0897)

    38537* · Greater Wellington Regional
    80 mGranted

Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents

Unclaimed
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1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
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3Providers compete for itPut the mortgage, the insurance and the power out to people who want the business — on your terms, when you ask.
4Everything else you ownOne search finds other titles in your name and in companies you are a director of.

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 Lower Hutt City 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.

Greater Wellington will send the file on a listed site on request; quote the site number.

Ask Greater Wellington Regional Council

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 Hutt Central

Lower Hutt City
2,054
Properties on the rating roll
1 Aug 2025
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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Agents active in Hutt Central

People whose office is within 5 km of Hutt Central, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.

Megan BaileySalesperson
Professionals RedcoatsOffice in this suburbView profile →
Theresa BakerSalesperson
Collective First National Hutt ValleyOffice in this suburbView profile →
Kaleb Barton-CairnsSalesperson
Professionals RedcoatsOffice in this suburbView profile →
Maria BebeklisSalesperson
Collective First National Hutt ValleyOffice in this suburbView profile →
Motu BradshawSalesperson
Professionals RedcoatsOffice in this suburbView profile →
Shane BrockelbankSalesperson
Professionals RedcoatsOffice in this suburbView profile →
David BurnsSalesperson
Professionals RedcoatsOffice in this suburbView profile →
Independent
Paul ButcherSalesperson
Harcourts Lower HuttOffice in this suburbView profile →
Karli ChandlerSalesperson
Professionals RedcoatsOffice in this suburbView profile →
Independent
Nicola CooperSalesperson
Harcourts Lower HuttOffice in this suburbView profile →
Pedro Del Estal VinuelaSalesperson
Professionals RedcoatsOffice in this suburbView profile →
Independent
Sinead DiederichSalesperson
Harcourts Lower HuttOffice in this suburbView profile →
Who sold the most in Hutt Central →

The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.

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