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UnclaimedRural

159 Tern Point, Mangawhai

Kaipara District

$2,800,000

Lot 2 of a subdivision of this site Title not yet issued

This listing sells Lot 2, a new lot being created on this site. Its title has not been issued yet, so the council record, land and estimates on this page are for the site as it stands today.

  • 3
  • 2
  • 2
  • 106m²
  • 8,600 m²
  • Lifestyle property
  • Ensuite
  • 2 Garage
  • Fireplace / log burner
Views
Rural, Harbour / sea
Aspect
Westerly
Roof
Colorsteel
Hot water
Gas
Water supply
Tank

Private Coastal Sanctuary

Set on an elevated 8600 sqm site within immaculate grounds and capturing exceptional views across the estuary and beyond, this single level home has been thoughtfully designed to harmonise with its natural coastal surroundings.

Contemporary open plan living flows seamlessly to a central, sun soaked deck, complemented by a covered alfresco area on the northeast side. The designer kitchen forms the heart of the spacious dining and lounge zones, with doors and windows opening wide to create a true indoor/outdoor connection, disolving the barrier between inside and out.

Three generous, breezy bedrooms each enjoying picturesque views over Tern Point farmland and out toward the estuary, offer ample space for family and guests. Vaulted ceilings enhance the bright, airy atmosphere throughout. A sheltered rear entertaining area, complete with an outdoor shower, provides the perfect spot to unwind after a peaceful stroll along one of Tern Point's private farm tracks or a wander over the sand dunes to the Pacific Ocean.

The property also features its own mature petit olive grove and offers plenty of scope to further develop both the home and grounds.

Enjoy the privacy and exclusivity of Tern Point Estate, a waterfront sanctuary adjoining the world-class Tara Iti Golf Course. This unique community boasts over a kilometre of estuary frontage, a private boat ramp, stunning walking trails, exclusive recreation areas, and access to approximately 8.5 km of pristine white-sand beach. The crystal-clear Pacific waters stretch from Te Arai Point in the south, past the Mangawhai dunes in the north, to the harbour entrance.

This is a unique opportunity!

Contact Shane today to arrange a viewing.

Note: Lot 2 is part of a two lot subdivision with Resource Consent granted. Settlement will be after issue of the new title.

Rent estimate · 26 Oct 2026
$900 – $1,190/week
Most likely about $1,035 a week · Little evidence: a rough guide
Estimated rental yield
2.9%
What is rental yield?

Gross rental yield is a year’s rent as a share of what the property is worth: $1,035 × 52 weeks = $53,820, against the council valuation of $1,850,000. It is before rates, insurance, maintenance, management and vacancies, so what an owner keeps (the net yield) is lower.

How we worked this out
EvidencePoints toCounted
From its value what rentals in the area typically yield$1,034100%

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.

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

159 Tern Point as a rental

Rent estimate$1,035/wk$900–$1,190 · Little evidence
Gross yield2.9%$53,820 a year on $1.85m
Net yield2.4%After $9,522 of costs
Cash flow−$642/wk30% deposit, interest only at 6.00%
Line
Price Council valuation
Deposit
Interest rate
Rent a week our estimate $1,035
Property manager
Rent, 52 weeks$53,820
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$44,298
Interest $1,295,000 at 6.00%, interest only−$77,700
Cash flow before tax−$33,402
Cash flow a week−$642
Gross / net yield on the price2.9% / 2.4%
Return on equity cash flow on the deposit, before tax−6.0%
Loses money above this interest rate, before tax3.42%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 3.42%. That is -6.0% a year on a $555k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area106 m²
  • Land area4 haBoundary measures 7.1 ha
  • Bedrooms3
  • Property categoryLI201B
  • Zoning (valuer’s record)1A
  • CouncilKaipara District
  • Valuation #1231-211
  • Valuation date1 Sep 2023

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 numberNA127C/306
  • Title typeFreehold
  • Legal descriptionLot 11 and Lot 45 Deposited Plan 198639; Lot 55 Deposited Plan 198639
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.

Unclaimed
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What claiming gets you
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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.

Zoning (rating roll)1A

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 Mangawhai

Kaipara District
2,798
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. 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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