Finding a picture…
Estimate $466k – $620k
3
510A Waimea Road, Annesbrook
2 title boundaries · 1,774 m² · LINZ
Unclaimed
597A Waimea Road, Annesbrook
Also 597B Waimea RoadNelson · Nelson City
Last sold Sept 2019
Rent estimate · 18 Oct 2026
$460 – $620/week
Most likely about $535 a week · Little evidence: a rough guide
Estimated rental yield
5.6%
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $535 × 52 weeks = $27,820, against the council valuation of $500,000. 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 |
|---|---|---|
| 1 rental advertised nearby each adjusted to this property’s bedrooms and value | $470 | 3% |
| From its value what rentals in the area typically yield | $538 | 97% |
We read this property as a house with 2 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.
Rentals it leaned on
| Address | Beds | Asked | As this one | When | Away |
|---|---|---|---|---|---|
| 5A Rainier Streetrealestate.co.nz ↗ | 1 | $500 | $470 | Oct 2026 | 3.1 km |
These are computer-generated guides only, not a rental appraisal.
My notes
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Sign in for the free reportHome 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.
Home loan
Every rate from 36 lenders →What it would cost to buy 597A Waimea Road
Estimated repayments
$934
$400,000 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
CCB · specialAverage5.03%
Highest5.35%
Kookmin
KookminThe lowest rather than the highest is $97 less a fortnight — about $2,510 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$934/fn
ICBC4.65%s$951/fn
Bank of China4.68%s$955/fn
AIA New Zealand4.99%$989/fn
ANZ Bank New Zealand4.99%s$989/fn
ASB Bank4.99%$989/fn
Bank of Baroda4.99%$989/fn
Police Credit Union4.99%$989/fn
Unity Credit Union4.99%s$989/fn
Kiwibank5.15%s$1,008/fn
Bank of New Zealand5.19%$1,012/fn
SBS Bank5.19%s$1,012/fn
The Co-operative Bank5.19%s$1,012/fn
TSB Bank5.19%s$1,012/fn
Westpac New Zealand5.19%s$1,012/fn
First Credit Union5.29%s$1,024/fn- Kookmin Bank Auckland Branch5.35%$1,030/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 597A Waimea 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
597A Waimea Road as a rental
Rent estimate$535/wk$460–$620 · Little evidence
Gross yield5.6%$27,820 a year on $500k
Net yield4.6%After $4,922 of costs
Cash flow+$102/wk30% deposit, interest only at 5.03%
| Rent, 52 weeks | $27,820 |
|---|---|
| Empty between tenants 2 weeks | −$1,070 |
| Property management 9.2% incl. GST | −$2,461 |
| Maintenance 5% of rent | −$1,391 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $22,898 |
| Interest $350,000 at 5.03%, interest only | −$17,605 |
| Cash flow before tax | +$5,293 |
The rent covers the interest at rates up to 6.54%. That is 3.5% a year on a $150k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area100 m²
- Decade built1980s
- Bedrooms2
- Bathrooms1
- Parking1 car space
- Property categoryUse not published
- CouncilNelson City
- Valuation #19650-61400-A
- Valuation date1 Sep 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
Order a title record- Title numbersNL6C/607, NL6C/939
- Title typeFreehold, plus a leasehold title
- Estate descriptionFee Simple, 1/2, Lot 1 Deposited Plan 11111, 887 m2
- Legal descriptionFlat 1 Deposited Plan 11213; Lot 1 Deposited Plan 11111
- Shared land1/2 share of 887 m² common lot · held with 1 other place
- Title issued17 Aug 1982
- Land districtNelson
- Addresses on this property2
Instruments on these titles7 registered instrumentsEasement Certificate ×2 · Lease ×2 · Document · Mortgage · Transfer See the title summary →
Owners and the parties to each instrument are not published on this page. Order the record of title to see them.
Getting around
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 · 4 land use or subdivision consents within 250 m.
Within 250 m
- 24 Apr 2025Subdivision
Undertake a boundary adjustment subdivision between 17A and 33 Arapiki Road.
255075 · Nelson City228 mGranted - 1 Apr 2025Land use
Land use to construct a garage in front yard of 1/364 Annesbrook Drive, breaching front yard setback and for a fence on the road boundary which is 1.9m high and not visually permeable.
255062 · Nelson City192 mGranted - 26 Jul 2017Land use
Consent to authorise reverse manoeuvring onto or off Arapiki Road where a vehicle entrance serves more than 3 required car parking spaces.
175255 · Nelson City221 mGranted - 26 Aug 2015Land use
Retrospective consent for earthworks to construct a retaining wall over two lots and building over a public wastewater pipe; and consent for earthworks in association with a swimming pool and placing a shed over a public wastewater pipe.
155282 · Nelson City237 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
Unclaimed
Nobody is tracking this property yet
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.
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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.
What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
2Your lending in the pictureAdd what you owe, or connect the bank, and the equity and LVR stop being a calculation you redo by hand.
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 Nelson 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.
Nelson City Council records these on the LIM; it will say more about a listed site on request.
Ask Nelson City 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 Annesbrook
Nelson City
571
Properties on the rating roll
1 Sep 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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Agents active in Annesbrook
People whose office is within 5 km of Annesbrook, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Independent
Janice EmerySalesperson
Independent
Kathleen BradleyAgent
Independent
Carolyn RocheSalesperson
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Revti VermaSalesperson
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Katherine WebsterSalesperson
Bruce BattySalesperson
Tracy BeerSalesperson
Christine FergusonSalesperson
Michael FoxSalesperson
Callum GilchristBranch Manager
Timothy McQuadeBranch Manager
Allister NalderAgent
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