5 bedroom House at 21 Pekanga Road, Millwater. Light brick exterior, large wooden deck, and a dark garage, under a colourful sunset sky.1 / 19
Unclaimed

21 Pekanga Road, Orewa

Auckland

Negotiation

  • 5
  • 3
  • 6
  • 654 m²
  • House
  • 2 Lounges
  • 2 Garage
  • 4 Off-street parks

Multi-Generational Living with Two Entrances

Welcome to a home that truly understands modern family living. Positioned on a sunny corner site, this brand-new 5-bedroom, 3-bathroom residence combines high-end design with a flexible layout that’s hard to find. With two distinct entrances, it’s an ideal setup for multi-generational living or those who simply value their own space.

The Main Living Area • The master bedroom: a private, sun-filled retreat with a walk-in wardrobe and a sleek ensuite • Two additional bedrooms, serviced by a contemporary family bathroom • A stunning open-plan kitchen, dining, and living area filled with natural light, flowing seamlessly to a sun-drenched deck and garden, perfect for weekend BBQs and entertaining • An elegant, spacious designer kitchen featuring a large walk-in pantry, a grand island bench, and ample cupboard space

Granny Potential Area • Own private front entrance for complete separation • Two bedrooms, a living lounge, and a full bathroom, offering true independence • A large storage room with built-in cabinetry, which could also serve as a potential kitchenette

Set on a generous section, this home offers ample off-street parking, plenty of room for multiple vehicles, a caravan, or a boat. You’ll also find under-roof storage for added practicality.

Located in Millwater, you’re part of a family-friendly community. Local schools, parks, and cafes are all within easy reach, with motorway access nearby for a smooth commute.

This is a home that offers more than just space, it offers flexibility and lifestyle. Don’t miss out, contact us today to arrange a viewing or attend our Open Home!

Open homes 1

Sun, 8 Nov11:00 am – 11:45 am
.ics
OwnBetter estimate
$1.46m
Medium confidence

We estimate it would sell for $1,460,000 as at 5 October 2026, in a range of $1,250,000 to $1,660,000.

Typical home in Orewa
$1.13m
The median of our estimates of its 6,261 homes
How we worked this out
Council valuation, May 2024$1,525,000
Market movement in Auckland since the council valuation−4.8%
Apartments and houses in Auckland+0.1%
How Orewa sells against council values+0.9%
Homes of this age in Orewa−0.7%
Homes in this price range−0.3%
Land as a share of the value−0.7%
Nearby recent sales (15)+1.1%
Our estimate$1,460,000

We start from the council's rating valuation, move it by how sales in the area have moved since against their own council values, then by how properties like this one, nearby sales have done against the same arithmetic. Each step is an average of real sales. Tested every month against sales we had not seen: half land within about 6% of our estimate, and about 8 in 10 within the range. This is an automated estimate, not a registered valuation.

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

21 Pekanga Road as a rental

Rent estimate$920/wk$800–$1,060 · Little evidence
Gross yield3.3%$47,840 a year on $1.46m
Net yield2.7%After $8,464 of costs
Cash flow−$422/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $920
Property manager
Rent, 52 weeks$47,840
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$39,376
Interest $1,022,000 at 6.00%, interest only−$61,320
Cash flow before tax−$21,944
Cash flow a week−$422
Gross / net yield on the price3.3% / 2.7%
Return on equity cash flow on the deposit, before tax−5.0%
Loses money above this interest rate, before tax3.85%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 3.85%. That is -5.0% a year on a $438k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area224 m²
  • Land area654 m²
  • Decade built2020s
  • Bedrooms4
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilAuckland
  • Valuation #31260-00000019709
  • Valuation date1 May 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 number1185760
  • Title typeFreehold
  • Legal descriptionLot 139 Deposited Plan 604318
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

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Building consents

We hold no building consents for this property yet. The council may hold records we have not seen.

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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.

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 Orewa

Auckland
6,764
Properties on the rating roll
10 Jun 2026
Last council revaluation
Buyer demand

13 people looked at properties in Orewa this week.

Counts describe the records we hold for this territorial authority, not a market forecast. Our estimate above is automated, not a registered valuation; how it was reached is shown with it. Every council figure on this page can be checked against the council's own record.

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On Pekanga Road

This side
17 Pekanga Road19 Pekanga Road23 Pekanga Road25 Pekanga Road
Other side
18 Pekanga Road20 Pekanga Road22 Pekanga Road
All 40 properties on Pekanga Road →

The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.

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