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Unclaimed

35 St Andrews Drive, Pauanui

Thames-Coromandel District

$849,000

  • 4
  • 2
  • 2
  • 194m²
  • 630 m²
  • House
  • 1 Lounge
  • 1 Dining room
  • 2 Garage
  • Internal-access garage
  • Heat pump
Flooring
Carpet, Polished

Holiday, Invest or Call it Home!

Set within the peaceful and secure surroundings of Pauanui Lakes Resort, this modern single-level home offers the flexibility to suit almost any lifestyle. This 2020 built David Reid Home four-bedroom, two-bathroom property is an appealing option whether you're looking for a permanent home, a holiday escape or an investment with proven Air BnB appeal.

The open-plan kitchen, complete with Miele appliances, flows into the spacious dining area all of which feature polished concrete floors giving the space a modern vibe. The flow out to the north-facing patio for all-day sun and entertaining in seamless. Create separation to unwind in the formal lounge using double cavity sliders and enjoy the ambience and warmth of the in-wall gas fire.

Life here is all about enjoying the best of resort living, with a secure gated entry, two swimming pools including a dedicated lap pool, tennis courts and a recreation centre complete with gym facilities. It's a tranquil setting to unwind and recharge, yet Pauanui Beach is just a five-minute drive away.

The proximity to golf is a key feature. Indulge your passion for the sport with the convenience of having a golf course just moments away. Embrace a hassle-free lifestyle with the easy-care features of this property. From the polished concrete floors to the low-maintenance design, your time can be spent enjoying the things you love - whether you're seeking a holiday base, a rental opportunity or somewhere to call home, this one deserves your attention.

Please note: No dogs, cats or mustelids allowed in the Lakes Resort gated area in compliance with the Resource Consent under the Resource Management Act 1991.

What you’ll love about this place

  • About 60 m from a lake

From LINZ's topographic maps: how near the land comes to the water's edge.

OwnBetter estimate
$861k
Medium confidence

We estimate it would sell for $861,000 as at 5 October 2026, in a range of $753,000 to $1,040,000.

Typical home in Pauanui
$1.23m
The median of our estimates of its 2,431 homes
How we worked this out
Council valuation, Jul 2023$840,000
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−0.3%
Land as a share of the value+0.8%
Nearby recent sales (7)+0.4%
Its own sale in 2021+0.5%
Our estimate$861,000

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

35 St Andrews Drive as a rental

Rent estimate$705/wk$610–$810 · Little evidence
Gross yield4.3%$36,660 a year on $861k
Net yield3.5%After $6,486 of costs
Cash flow−$115/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $705
Property manager
Rent, 52 weeks$36,660
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$30,174
Interest $602,700 at 6.00%, interest only−$36,162
Cash flow before tax−$5,988
Cash flow a week−$115
Gross / net yield on the price4.3% / 3.5%
Return on equity cash flow on the deposit, before tax−2.3%
Loses money above this interest rate, before tax5.01%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.01%. That is -2.3% a year on a $258k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area194 m²
  • Land area630 m²
  • Decade built2020s
  • Bedrooms4
  • Bathrooms2
  • Parking4 car spaces
  • Property categoryUse not published
  • CouncilThames-Coromandel District
  • Valuation #4962-45111
  • 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 number65008
  • Title typeFreehold
  • Legal descriptionLot 111 Deposited Plan South Auckland 88977
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 Pauanui

Thames-Coromandel District
2,739
Properties on the rating roll
1 Jul 2023
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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