
1 Harrys Close, Arthurs Point
Also 16 Atley RoadQueenstown · Queenstown-Lakes District
Last sold Apr 2022
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $1,115 × 52 weeks = $57,980, against the council valuation of $2,150,000. It is before rates, insurance, maintenance, management and vacancies, so what an owner keeps (the net yield) is lower.
How we worked this out
| Evidence | Points to | Counted |
|---|---|---|
| From its value what rentals in the area typically yield | $1,114 | 100% |
We read this property as a house with 4 bedrooms. Rentals advertised nearby count most when they are close, recent and alike; the more of them there are, the less the area’s bond figures count. Bond figures are rents agreed in new tenancies, from Tenancy Services, placed within the area by how this property’s council valuation compares with similar homes there.
These are computer-generated guides only, not a rental appraisal.
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.
What it would cost to buy 1 Harrys Close
The lowest rather than the highest is $415 less a fortnight — about $10,793 over the 1 year.
All 17 lenders at 1 year fixed
China Construction Bank4.49%s$4,016/fn
ICBC4.65%s$4,091/fn
Bank of China4.68%s$4,106/fn
AIA New Zealand4.99%$4,255/fn
ANZ Bank New Zealand4.99%s$4,255/fn
ASB Bank4.99%$4,255/fn
Bank of Baroda4.99%$4,255/fn
Police Credit Union4.99%$4,255/fn
TSB Bank4.99%s$4,255/fn
Unity Credit Union4.99%s$4,255/fnKiwibank5.15%s$4,333/fn
Bank of New Zealand5.19%$4,352/fn
SBS Bank5.19%s$4,352/fn
The Co-operative Bank5.19%s$4,352/fn
Westpac New Zealand5.19%s$4,352/fn
First Credit Union5.29%s$4,401/fnKookmin Bank Auckland Branch5.35%$4,431/fn
Principal and interest at the lowest advertised card rate, held for the whole loan — no New Zealand rate is. A guide, not a lending offer or financial advice. How much could you borrow? · Mortgage calculator
1 Harrys Close as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate 5.02% is today’s 1-year average | ||
| 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 $1,505,000 at 5.02%, interest only | −$75,551 | |
| Cash flow before tax | −$27,829 | |
| Cash flow a week | −$535 | |
| Gross / net yield on the price | 2.7% / 2.2% | |
| Return on equity cash flow on the deposit, before tax | −4.3% | |
| Loses money above this interest rate, before tax | 3.17% | |
The rent covers the interest at rates up to 3.17%. That is -4.3% a year on a $645k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area323 m²
- Decade built2000s
- Bedrooms4
- Bathrooms4
- Parking4 car spaces
- Property categoryUse not published
- CouncilQueenstown-Lakes District
- Valuation #29107-20616
- 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 number373061
- Title typeFreeholdGuaranteed
- Estate descriptionFee Simple, 1/1, Lot 20 Deposited Plan 389068, 1,000 m2
- Legal descriptionLot 20 Deposited Plan 389068
- Land area1,003 m²
- Title issued16 May 2008
- Land districtOtago
- Addresses on this property2
Owners and the parties to each instrument are not published on this page. Order the record of title to see them.
Listings
Selling this property, or the agent for it? Import the listing from your agency's site or a portal and it appears here, free: photos, price, open homes and your details, beside the council record buyers are already reading.
Building consents
Building work the council has consented on this property, newest first. 2 consents on record.
- Date not publishedNew$220,000 declared
Constructon Of New Dwelling & Relocated Second Level
Consent BC090246 · Queenstown-Lakes District - Date not publishedNew$300,000 declared
Relocate Buildings Add And Alter To Erect Dwelling
Consent BC090430 · Queenstown-Lakes District
Resource consents
What the council has been asked to allow under the Resource Management Act. None on this property · 10 land use or subdivision consents within 250 m.
Within 250 m
- 14 Dec 2023Land use
B DUNCAN & M DEVER - S127 APPLICATION TO VARY THE DESIGN OF A RESIDENTIAL UNIT AT 3 STABLES PLACE, ARTHURS POINT, QUEENSTOWN
RM230957 · Queenstown-Lakes District74 mGranted - 14 Sep 2022Land use
B SCOTT - USE THE DWELLING FOR RESIDENTIAL VISITOR ACCOMMODATION FOR UP TO 90 NIGHTS PER YEAR, FOR GROUPS OF UP TO EIGHT GUESTS AT 1B MAPLE COURT ARTHURS POINT, QUEENSTOWN
RM220800 · Queenstown-Lakes District198 mGranted - 14 Apr 2022Land use
P & A BROSNAHAN AND N NOONE - LAND USE CONSENT TO ESTABLISH A VEHICLE CROSSING WHICH BREACHES MINIMUM DISTANCES FROM THE INTERSECTION OF A LOCAL ROAD AND MINIMUM SIGHT DISTANCE REQUIREMENTS AT 24 ATLEY ROAD, QUEENSTOWN
RM220278 · Queenstown-Lakes District84 mGranted - 19 May 2020Land use
B DUNCAN & M DEVER - APPLICATION TO CONSTRUCT AN ACCESSORY BUILDING THAT BREACHES THE REQUIRED INTERNAL BOUNDARY SETBACK, RECESSION PLANE, MAXIMUM CUT HEIGHT AND BUILDING COVERAGE REQUIREMENTS AT 3 STABLES PLACE, ARTHURS POINT
RM200416 · Queenstown-Lakes District74 mGranted - 10 Dec 2019Land use
CONSTRUCT A BUILDING THAT IS LOCATED WITHIN INTERNAL BOUNDARY SETBACK AT 1 STABLES LANE, ARTHURS POINT, QUEENSTOWN
RM191306 · Queenstown-Lakes District60 mGranted - 19 Mar 2019Land use
APPLICATION TO CONSTRUCT A RESIDENTIAL DWELLING WHIHC BREACHES MAXIMUM HEIGHT, AND AN ACCESSORY BUILDING WITH ASSOCIATED EARTHWORKS AT 4 STABLES PLACE, ARTHURS POINT
RM190190 · Queenstown-Lakes District85 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
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.
We do not hold flood maps for Queenstown-Lakes District yet.
Contaminated land
Councils keep registers of land used for activities on the Hazardous Activities and Industries List (HAIL) — service stations, timber treatment, orchards, landfills. A listing records how land was used, not that it is contaminated: most sites have never been tested.
Otago Regional Council will say more about a listed site on request; quote its HAIL number.
Ask Otago Regional CouncilWhat 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 Arthurs Point
Counts describe the records we hold for this territorial authority, not a market forecast. OwnBetter has no estimate for this property. Every council figure on this page can be checked against the council's own record.
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Agents active in Arthurs Point
People whose office is within 5 km of Arthurs Point, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
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.