Aerial · LINZ aerial
Title boundary · 1,502 m² · LINZ
Unclaimed

8 White Road, Ōtāne

Central Hawke's Bay District

Offers Over $780,000

  • 3
  • 2
  • 2
  • 143m²
  • 1,500 m²
  • House

Stunning designer home in Otane

That wonderful feeling of satisfaction when you find a property that has everything you want, and so much more! The design, the quality, the finish, the sun, the space and, of course, the location! This stunning designer home in one of Otane's most sought-after locations certainly delivers! Ever so stylish, incredibly warm and sunny, with a lovely semi-rural outlook to the front and an expansive 1,500m2 section to the rear, this is executive living done well! The spacious open-plan kitchen, dining and living area opens through bi-fold doors to not one, but two outdoor entertaining areas, including one with an automatic retractable awning. The kitchen is an absolute showpiece, complete with a large island bench, quality appliances, generous pantry storage and feature LED lighting. There are three beautifully appointed bedrooms, including a luxurious master suite with ensuite and walk-in wardrobe complete with customised storage, while a second bathroom caters for family and guests. Built in 2021, so there's double glazing, full insulation, a heat pump and Pyroclassic woodburner. The laundry is incorporated into the double integral garage along with additional shedding out back for the garden tools and firewood. Outside, the beautifully planted grounds offers a wonderful sense of space, all within easy walking distance of amenities. Simply move in, put your feet up and enjoy!

OwnBetter estimate
$736k
Medium confidence

We estimate it would sell for $736,000 as at 5 October 2026, in a range of $661,000 to $838,000.

Typical home in Ōtāne
$598k
The median of our estimates of its 601 homes
How we worked this out
Council valuation, Sept 2024$750,000
Market movement in Central Hawke's Bay District since the council valuation−1.9%
Apartments and houses in Central Hawke's Bay District−0.1%
How Ōtāne sells against council values−0.3%
Homes of this age in Ōtāne+1.2%
Homes in this price range+1.5%
Land as a share of the value−0.3%
Nearby recent sales (15)−1.2%
Its own sale in 2024−0.8%
Our estimate$736,000

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 and its own last sale 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

8 White Road as a rental

Rent estimate$655/wk$570–$750 · Little evidence
Gross yield4.6%$34,060 a year on $736k
Net yield3.8%After $6,026 of costs
Cash flow−$55/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $655
Property manager
Rent, 52 weeks$34,060
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$28,034
Interest $515,200 at 6.00%, interest only−$30,912
Cash flow before tax−$2,878
Cash flow a week−$55
Gross / net yield on the price4.6% / 3.8%
Return on equity cash flow on the deposit, before tax−1.3%
Loses money above this interest rate, before tax5.44%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.44%. That is -1.3% a year on a $221k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area143 m²
  • Land area1,500 m²
  • Decade built2020s
  • Bedrooms3
  • Bathrooms2
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilCentral Hawke's Bay District
  • Valuation #10930-14422
  • 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 number880909
  • Title typeFreehold
  • Legal descriptionLot 12 Deposited Plan 527259
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 Ōtāne

Central Hawke's Bay District
785
Properties on the rating roll
1 Aug 2025
Last council revaluation

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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