124 Augusta Drive, Pauanui
Thames-Coromandel District
Deadline Sale
- 4
- 3
- 4
- 600 m²
- House
Solid masonry! spectacular sunsets!
Framed by flowering cherry blossoms, with sweeping views across the first fairway, tranquil lakes and the Coromandel Ranges, 124 Augusta Drive captures the beauty of life at Pauanui's Lakes Resort.
Contemporary in design and constructed in solid masonry, this freehold home combines generous proportions with a setting that invites you to slow down. Four bedrooms, three bathrooms and two living areas provide space for family and friends, offering flexibility for permanent living, extended holidays or weekends together.
Indoor-outdoor flow on both levels makes summer entertaining effortless. Enjoy leisurely lunches, gather for evening drinks or simply settle in as the manicured course gives way to the distant ranges. As the sun sets behind the mountains, the outlook becomes a spectacular backdrop to the end of each day.
A double garage with internal access adds everyday convenience, while the spacious layout allows everyone room to relax. Beyond your doorstep, enjoy the resort's two swimming pools, three tennis courts and gym, with golf close at hand and Pauanui's surf beach, estuary and village cafés a short drive or bike ride away.
Whether you're drawn by the fairway position, the room to host or the promise of a more relaxed pace, this is a home where the outlook and lifestyle are equally compelling.
For sale by Deadline Private Treaty (unless sold prior) with all offers (conditional and unconditional) to be submitted by 4pm, Wednesday 11 November 2026.
Contact Team Fielding at Bayleys Pauanui for more information or to book your private viewing.
Please note: No dogs, cats or mustelids permitted within the Lakes Resort residential area, in compliance with the Resource Consent and under the Resource Management Act 1991.
We estimate it would sell for $1,020,000 as at 5 October 2026, in a range of $892,000 to $1,230,000.
How we worked this out
| Council valuation, Jul 2023 | $1,000,000 |
|---|---|
| Market movement in Thames-Coromandel District since the council valuation | +0.2% |
| How Pauanui sells against council values | +0.8% |
| Homes of this age in Pauanui | +0.3% |
| Homes in this price range | −0.7% |
| Land as a share of the value | +0.8% |
| Nearby recent sales (7) | −0.3% |
| Its own sale in 2020 | +1.0% |
| Our estimate | $1,020,000 |
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.
Sign in to rate this property, keep private notes on it and record what you think it is worth. Only you see them.
Home 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.
124 Augusta Drive as a rental
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $770 | ||
| Property manager | ||
| Rent, 52 weeks | $40,040 | |
| 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 | $32,956 | |
| Interest $714,000 at 6.00%, interest only | −$42,840 | |
| Cash flow before tax | −$9,884 | |
| Cash flow a week | −$190 | |
| Gross / net yield on the price | 3.9% / 3.2% | |
| Return on equity cash flow on the deposit, before tax | −3.2% | |
| Loses money above this interest rate, before tax | 4.62% | |
The rent covers the interest at rates up to 4.62%. That is -3.2% a year on a $306k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area247 m²
- Land area600 m²
- Decade built2000s
- Bedrooms4
- Bathrooms2
- Parking2 car spaces
- Property categoryUse not published
- CouncilThames-Coromandel District
- Valuation #4962-45014
- Valuation date1 Jul 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 and land
Order a title record- Title number64999
- Title typeFreehold
- Legal descriptionLot 14 Deposited Plan South Auckland 88974
Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.
Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.
Building consents
We hold no building consents for this property yet. The council may hold records we have not seen.
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.
We check your name against the registered owner on the title before a claim is accepted. Nothing on this page changes for anyone else, and no provider is contacted until you ask.
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 Pauanui
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.
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
Claim it, then find everything else you own.
A single search across NZ property records finds other titles in your name and in companies you are a director of. Most owners find at least one they had forgotten was held somewhere else.