Estimate $3.43m – $4.56m
, Stoke
Shared parcel · 2,674 m² · LINZ
Unclaimed
1 Koru Place, Stoke
Also 13/1 Koru PlaceNelson · Nelson City
Rent estimate · 15 Oct 2026
$380 – $660/week
Most likely about $500 a week · Little evidence: a rough guide
How we worked this out
| Evidence | Points to | Counted |
|---|---|---|
| 1 rental advertised nearby each adjusted to this property’s bedrooms and value | $500 | 100% |
We read this property as an apartment. 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 | $500 | Oct 2026 | 2.1 km |
These are computer-generated guides only, not a rental appraisal.
My notes
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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.
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 1 Koru Place
Estimated repayments
—
$0 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
KookminAll 17 lenders at 1 year fixed
- China Construction Bank4.49%s
ICBC4.65%s
Bank of China4.68%s
AIA New Zealand4.99%
ANZ Bank New Zealand4.99%s
ASB Bank4.99%
Bank of Baroda4.99%
Police Credit Union4.99%
Unity Credit Union4.99%s
Kiwibank5.15%s
Bank of New Zealand5.19%
SBS Bank5.19%s
The Co-operative Bank5.19%s
TSB Bank5.19%s
Westpac New Zealand5.19%s
First Credit Union5.29%s- Kookmin Bank Auckland Branch5.35%
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 1 Koru Place. 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
1 Koru Place as a rental
Rent estimate$500/wk$380–$660 · Little evidence
Gross yield—$26,000 a year on no price
Net yield—After $4,600 of costs
Cash flow+$412/wk30% deposit, interest only at 5.03%
| Rent, 52 weeks | $26,000 |
|---|---|
| Empty between tenants 2 weeks | −$1,000 |
| Property management 9.2% incl. GST | −$2,300 |
| Maintenance 5% of rent | −$1,300 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $21,400 |
| Cash flow before tax | +$21,400 |
A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Property categoryUse not published
- CouncilNelson City
- Valuation #19620-80307-K
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 number351852
- Title typeUnit Title
- Estate descriptionStratum in Freehold, 1/1, Unit 7 Deposited Plan 369016
- Title issued4 May 2007
- Land districtNelson
- Addresses on this property6
Instruments on this title2 registered instrumentsEncumbrance · Mortgage 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. 1 on this property · 11 land use or subdivision consents within 250 m.
On this property
- 28 Jul 2024Land use
Consent to be able to use first floor unit as residential unit above ground floor commercial unit.
245194 · Nelson CityReturned incomplete
Within 250 m
- 22 Jun 2022Land use
Construction of a new vehicle access and extension of the Bunnings store operating hours.
225172 · Nelson City228 mGranted - 4 Apr 2022Land use
Land use consent for disturbance of Orphanage Creek associated with the installation of the duplicate wastewater pipeline. Note: This consent should be read in conjunction with the associated water permit RM255101.
225081 · Nelson City154 mGranted - 16 Sep 2021Land use
Change of condition 1 of Resource Consent to allow for seawater storage tanks to be located over a stormwater pipe.
195321V1 · Nelson City199 mGranted - 22 Sep 2020Land use
To erect a veterinary center which includes a residential unit and office space
205241 · Nelson City213 mGranted - 15 Jan 2020Land use
To operate a scientific research laboratory in the Nayland South Industrial Area.
195321 · Nelson City199 mGranted - 1 Feb 2019Land use
Change of conditions 1,2 & 19 of Resource Consent RM065447 to reflect amendments to the car parking layout and associated landscaping
065447V1 · Nelson City228 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
Unclaimed
Nobody is tracking this property yet
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What claiming gets you
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 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 Stoke
Nelson City
6,398
Properties on the rating roll
10 Jun 2026
Last council revaluation
Buyer demand
5 people looked at properties in Stoke 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.
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Agents active in Stoke
People whose office is within 5 km of Stoke, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Bruce BattySalesperson
Tracy BeerSalesperson
Independent
Jacquelyn BestSalesperson
Christine FergusonSalesperson
Michael FoxSalesperson
Callum GilchristBranch Manager
Independent
Cleo HodgsonSalesperson
Independent
Aaron McCraeAgent
Timothy McQuadeBranch Manager
Allister NalderAgent
Paul NicollSalesperson
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Nicola RyanAgent
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