Estimate $412k – $547k
3
251 Annesbrook Drive, Wakatu
Shared parcel · 811 m² · LINZ
Unclaimed
46 Douglas Road, Wakatu
Also 28 Greenhill RoadNelson · Nelson City
Last sold Feb 2021
Rent estimate · 20 Oct 2026
$460 – $610/week
Most likely about $525 a week · Little evidence: a rough guide
Estimated rental yield
5.7%
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $525 × 52 weeks = $27,300, against the council valuation of $480,000. 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 | $548 | 0% |
| From its value what rentals in the area typically yield | $527 | 100% |
We read this property as a townhouse 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.
Rentals it leaned on
| Address | Beds | Asked | As this one | When | Away |
|---|---|---|---|---|---|
| 5A Rainier Streetrealestate.co.nz ↗ | 1 | $500 | $548 | Oct 2026 | 3.7 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 46 Douglas Road
Estimated repayments
$897
$384,000 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 · specialAverage5.02%
Highest5.35%
Kookmin
KookminThe lowest rather than the highest is $93 less a fortnight — about $2,410 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$897/fn
ICBC4.65%s$913/fn
Bank of China4.68%s$917/fn
AIA New Zealand4.99%$950/fn
ANZ Bank New Zealand4.99%s$950/fn
ASB Bank4.99%$950/fn
Bank of Baroda4.99%$950/fn
Police Credit Union4.99%$950/fn
TSB Bank4.99%s$950/fn
Unity Credit Union4.99%s$950/fn
Kiwibank5.15%s$967/fn
Bank of New Zealand5.19%$972/fn
SBS Bank5.19%s$972/fn
The Co-operative Bank5.19%s$972/fn
Westpac New Zealand5.19%s$972/fn
First Credit Union5.29%s$983/fn- Kookmin Bank Auckland Branch5.35%$989/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 46 Douglas 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
46 Douglas Road as a rental
Rent estimate$525/wk$460–$610 · Little evidence
Gross yield5.7%$27,300 a year on $480k
Net yield4.7%After $4,830 of costs
Cash flow+$108/wk30% deposit, interest only at 5.02%
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate 5.02% is today’s 1-year average | ||
| Rent a week our estimate $525 | ||
| Property manager | ||
| Rent, 52 weeks | $27,300 | |
| 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 | $22,470 | |
| Interest $336,000 at 5.02%, interest only | −$16,867 | |
| Cash flow before tax | +$5,603 | |
| Cash flow a week | +$108 | |
| Gross / net yield on the price | 5.7% / 4.7% | |
| Return on equity cash flow on the deposit, before tax | 3.9% | |
| Loses money above this interest rate, before tax | 6.69% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 6.69%. That is 3.9% a year on a $144k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area80 m²
- Decade built1990s
- Bedrooms3
- Bathrooms1
- Parking2 car spaces
- Property categoryUse not published
- CouncilNelson City
- Valuation #19690-5500-B
- 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 numberNL9C/503
- Title typeCross leaseGuaranteed
- Estate descriptionFee Simple, 1/2, Lot 11 Deposited Plan 6882, 812 m2; Leasehold, 1/1, Flat 1 Deposited Plan 15231
- Legal descriptionFlat 1 Deposited Plan 15231; Lot 11 Deposited Plan 6882
- Land area811 m²
- Title issued20 Aug 1991
- Land districtNelson
- Addresses on this property2
Registered instruments6 registered instruments on this titleLease ×2 · Variation of Lease ×2 · Document · Mortgage Only routine instruments registered 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 · 10 land use or subdivision consents within 250 m.
Within 250 m
- 26 Feb 2024Land use
Construction of a building and deck resulting in a daylight breach in relation to the south western boundary of the site.
245029 · Nelson City130 mGranted - 7 Jun 2023Land use
Land use consent to have two residential units on one title that do not meet the permitted minimum net site areas of 400m2 exclusively allocated to each residential unit. (related to BC230291)
235126 · Nelson City182 mGranted - 31 Mar 2020Land use
Construct a new dwelling breaching site coverage and daylight admission rules.
205066 · Nelson City250 mGranted - 17 Jun 2019229 mGranted
- 7 Aug 2018Land use
To undertake earthworks and construct a retaining wall to enable the construction of a new three bedroom dwelling.
185274 · Nelson City146 mGranted - 22 Jan 2018Land use
To construct a dwelling which breaches daylight admissions on the road boundary
185016 · Nelson City210 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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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 Wakatu
Nelson City
550
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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