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Unclaimed

178 Morrison Road, Pukekawa

Waikato District

Negotiation

  • 10
  • 7
  • 6
  • 7.23 ha
  • Lifestyle
  • 2 Lounges
  • 2 Family rooms
  • Separate laundry
  • 6 Garage

IGNORE CV - MUST BE SOLD!

Space For Every Generation

All Offers presented on the 19th November 2026 @ 3:00pm (unless sold prior)

Offering a rare combination of modern living, substantial accommodation and rural potential, this impressive GJ Gardner home presents an exciting opportunity for those seeking an affordable multi-generational lifestyle. Approximately four years old, the 696m² brick and tile residence offers the space and flexibility to accommodate larger families, extended family living or those simply wanting room for everyone under one roof.

With an incredible 10 bedrooms, 8 walk-in wardrobes and 7 bathrooms, there is room for family and guests to enjoy their own space while remaining connected under one roof. Set across approximately 7.23 hectares (17.8 acres) of gently undulating land, the property offers plenty of scope for grazing, growing or creating the lifestyle you've always wanted.

Adding further character is a large American-style barn, offering versatility for storage, hobbies or practical rural use. The grounds are a blank canvas, ready for you to bring your landscaping vision to life, while established native bush and two ponds provide a natural starting point and a touch of rural charm.

Whether you're planning for extended family, looking for room to grow or wanting a substantial rural property with future potential, this is an opportunity to create something truly special.

Modern comfort, exceptional space and room to make it your own.

PROPERTY HIGHLIGHTS

• 696m² GJ Gardner home – Approx. 4 years old with brick and tile construction. • 10 bedrooms, 8 walk-in wardrobes – Exceptional space for large and extended families. • 7 bathrooms – Practical for busy households and multi-generational living. • 7.23ha (17.8 acres) – Generous rural land with grazing and growing potential. • Large American-style barn – Versatile space for storage, hobbies or rural use. • Native bush and two ponds – Natural features adding character to the property. • Landscaping potential – A blank canvas to create your own gardens and outdoor spaces. • Multi-generational living – Room for family to live together with space to spread out. • Must be sold - Make an offer today!

Open homes 1

Sun, 8 Nov12:00 pm – 12:30 pm
.ics

Added to OwnBetter 28 Oct 2026

OwnBetter estimate
$3.19m
Low confidence

We estimate it would sell for $3,190,000 as at 5 October 2026, in a range of $2,620,000 to $3,890,000.

Typical home in Pukekawa
$1.05m
The median of our estimates of its 460 homes
How we worked this out
Council valuation, Oct 2023$3,240,000
Market movement in Waikato District since the council valuation+1.8%
How Pukekawa sells against council values+0.7%
Homes of this age in Pukekawa+0.3%
Homes in this price range−2.9%
Land as a share of the value−1.4%
Our estimate$3,190,000

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

178 Morrison Road as a rental

Rent estimate$1,115/wk$970–$1,280 · Little evidence
Gross yield1.8%$57,980 a year on $3.19m
Net yield1.5%After $10,258 of costs
Cash flow−$1,659/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $1,115
Property manager
Rent, 52 weeks$57,980
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$47,722
Interest $2,233,000 at 6.00%, interest only−$133,980
Cash flow before tax−$86,258
Cash flow a week−$1,659
Gross / net yield on the price1.8% / 1.5%
Return on equity cash flow on the deposit, before tax−9.0%
Loses money above this interest rate, before tax2.14%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 2.14%. That is -9.0% a year on a $957k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area696 m²
  • Land area7.23 ha
  • Decade built2020s
  • Bedrooms6
  • Bathrooms6
  • Parking8 car spaces
  • Property categoryUse not published
  • CouncilWaikato District
  • Valuation #6310-1602
  • Valuation date1 Oct 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 number579905
  • Title typeFreehold
  • Legal descriptionLot 1 Deposited Plan 452846
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 Pukekawa

Waikato District
697
Properties on the rating roll
1 Oct 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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