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Unclaimed

12 Dunkeld Drive, Papamoa

Tauranga City

Negotiation

  • 5
  • 3
  • 7
  • 591 m²
  • Home & income
  • 1 Lounge
  • 1 Dining room
  • Ensuite
  • Separate toilet
  • 3 Garage
  • 4 Off-street parks
  • Internal-access garage
  • Deck / patio
  • Air conditioning
Views
Urban
Aspect
Northerly
Exterior
Brick / Masonry Veneer, Weatherboard Composite
Flooring
Carpet, Vinyl
Hot water
Electric
Water supply
Town
Sewage
Mains

Dual living versatility in Terrace Views

Designed for astute investors and modern families alike, this unique property pairs two fully self-contained residences on a single title. Separate metering for power and fibre ensures complete independence, privacy, and seamless management across both households.

The primary residence is bright, spacious, and thoughtfully laid out, featuring three generous bedrooms and two modern bathrooms, including a private master suite. At the heart of the home, expansive open plan living and dining zones anchored by a full-sized kitchen flow effortlessly outdoors for entertaining. A double garage with internal access rounds out an exceptionally comfortable family footprint.

The secondary home is constructed with the same attention to detail, delivering two quiet bedrooms, a sleek, open plan kitchen and living area, and dedicated single garaging. Ideal as a high-spec rental, guest wing, or private space for extended family.

Endless strategy and income potential:

• Maximize yield: Rent both properties simultaneously to capture a strong, dual-stream rental return.

• Home and income: Occupy one residence while leveraging the second to significantly offset your mortgage.

• Multi-generational living: Keep parents, young adults, or extended family close while retaining absolute day-to-day autonomy.

Situated in Terrace Views within easy reach of local parks, quality schooling, shopping hubs, and convenient transport links, this property represents a rare blend of lifestyle, flexibility, and long term financial security.

Opportunities of this calibre on a single title are exceptionally rare. Contact the Harcourts agent today to arrange your private inspection.

To view property documents, please visit: https://harcourts.net/L42978365

OwnBetter estimate
$1.35m
Medium confidence

We estimate it would sell for $1,350,000 as at 5 October 2026, in a range of $1,210,000 to $1,530,000.

Typical home in Papamoa
$852k
The median of our estimates of its 1,456 homes
How we worked this out
Council valuation, May 2023$1,325,000
Market movement in Tauranga City since the council valuation+3.1%
How Papamoa sells against council values+1.9%
Homes of this age in Papamoa+0.7%
Homes in this price range−0.4%
Land as a share of the value−1.1%
Nearby recent sales (15)−1.2%
Its own sale in 2023−1.3%
Our estimate$1,350,000

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

12 Dunkeld Drive as a rental

Rent estimate$885/wk$770–$1,020 · Little evidence
Gross yield3.4%$46,020 a year on $1.35m
Net yield2.8%After $8,142 of costs
Cash flow−$362/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $885
Property manager
Rent, 52 weeks$46,020
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$37,878
Interest $945,000 at 6.00%, interest only−$56,700
Cash flow before tax−$18,822
Cash flow a week−$362
Gross / net yield on the price3.4% / 2.8%
Return on equity cash flow on the deposit, before tax−4.6%
Loses money above this interest rate, before tax4.01%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 4.01%. That is -4.6% a year on a $405k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area271 m²
  • Land area591 m²
  • Decade built2010s
  • Bedrooms5
  • Bathrooms3
  • Parking3 car spaces
  • Property categoryUse not published
  • CouncilTauranga City
  • Valuation #6622-8074
  • Valuation date1 May 2023

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 number777162
  • Title typeFreehold
  • Legal descriptionLot 258 Deposited Plan 508065
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.

Unclaimed
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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 Papamoa

Tauranga City
1,988
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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