
- 3
- 3
- 8
- 5,676 m²
- Lifestyle with dwelling
Impossible to replicate, difficult to forget
Set in the hills above Mangawhai on prestigious King Road, this remarkable home is inspired by the timeless villas of Tuscany, yet the property is less than ten minutes' drive to the town and beach.
Carefully designed with an unwavering commitment to quality and authenticity, the four-year-old home has a floor area of more than 330sqm (more or less) plus extensive decking and is perfectly positioned on 5,676sqm (more or less) of beautifully landscaped low maintenance grounds, overlooking olive groves and vineyards.
Imported Spanish clay roof tiles, stunning stained-glass doors and windows and reclaimed bridge timbers from Central Otago, create a home rich in warmth and personality. Cottage charm meets modern comfort and elements such as hardwood flooring, bespoke detailing and clever craftsmanship combine to create inviting spaces designed for everyday living and entertaining alike. Constructed of Hebel block with a plaster finish, complemented by double glazing and quality heating systems this home offers year-round comfort to match its distinctive style.
At the heart of the home, the country-style kitchen is both elegant and practical, featuring a generous butler's pantry and a servery window connecting to the outdoor entertaining area. French doors open to a series of private decks and courtyards, providing exceptional indoor-outdoor flow.
The flexible layout offers three bedrooms, three and a half bathrooms and a dedicated study. One of the bedrooms is currently configured as a separate guest suite, with its own entrance, kitchenette and ensuite, provides ideal accommodation for visitors, extended family and Airbnb use. Brooke Lane winery is within walking distance.
The upper level games room delivers a unique entertaining retreat, complete with its impressive American Football themed fit-out, pool table, bar and powder room. This space could also be converted into a loft apartment or a great workspace. The property is fully fenced with a double internal garage and a useful storage shed.
This home captures the romance of the European countryside while embracing the very best of Mangawhai lifestyle living.
An extraordinary property, beautifully crafted and impossible to replicate.
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 $2,300,000. 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 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.
448 King 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 $1,610,000 at 6.00%, interest only | −$96,600 | |
| Cash flow before tax | −$48,878 | |
| Cash flow a week | −$940 | |
| Gross / net yield on the price | 2.5% / 2.1% | |
| Return on equity cash flow on the deposit, before tax | −7.1% | |
| Loses money above this interest rate, before tax | 2.96% | |
The rent covers the interest at rates up to 2.96%. That is -7.1% a year on a $690k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area334 m²
- Land area5,676 m²
- Bedrooms3
- Property categoryLI202B
- Zoning (valuer’s record)1A
- CouncilKaipara District
- Valuation #1220-9576
- 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 and land
Order a title record- Title number938963
- Title typeFreehold
- Legal descriptionLot 3 Deposited Plan 548451
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 Mangawhai
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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