Shared parcel · 617 m² · LINZ
Unclaimed

49A Remarkables Crescent, Frankton

Queenstown · Queenstown-Lakes District

Last sold Feb 2019

OwnBetter estimate
$1.25m
Medium confidence

We estimate it would sell for $1,250,000 as at 5 October 2026, in a range of $1,120,000 to $1,420,000.

Typical home in Frankton
$1.26m
The median of our estimates of its 1,390 homes
How we worked this out
Council valuation, Sept 2024$1,090,000
Market movement in Queenstown-Lakes District since the council valuation+6.4%
How Frankton sells against council values−0.3%
Homes of this age in Frankton+1.7%
Homes in this price range+1.0%
Land as a share of the value−0.1%
Nearby recent sales (15)+1.3%
Its own sale in 2019+3.7%
Our estimate$1,250,000

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.

Part of 49A Remarkables Crescent · Unit Title One of 2 units on Deposited Plan 23825. The boundary on the map is the whole building's — a unit title sits over the parcel the development shares. See the whole building →
My notes
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What it costs to live here

Home expense estimates

Mortgage: open the section
$5,061a 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.

Home loan

What it would cost to buy 49A Remarkables Crescent

Every rate from 36 lenders →
Estimated repayments
$2,335
$1,000,000 at 4.49% 1 year fixed with China Construction Bank, over 30 years
Loan length
1 year fixed today · 17 lenders
Lowest4.49%CCB · special
Average5.03%
Highest5.35%Kookmin

The lowest rather than the highest is $241 less a fortnight — about $6,275 over the 1 year.

All 17 lenders at 1 year fixed
  • China Construction Bank4.49%s$2,335/fn
  • ICBC4.65%s$2,379/fn
  • Bank of China4.68%s$2,387/fn
  • AIA New Zealand4.99%$2,474/fn
  • ANZ Bank New Zealand4.99%s$2,474/fn
  • ASB Bank4.99%$2,474/fn
  • Bank of Baroda4.99%$2,474/fn
  • Police Credit Union4.99%$2,474/fn
  • Unity Credit Union4.99%s$2,474/fn
  • Kiwibank5.15%s$2,519/fn
  • Bank of New Zealand5.19%$2,530/fn
  • SBS Bank5.19%s$2,530/fn
  • The Co-operative Bank5.19%s$2,530/fn
  • TSB Bank5.19%s$2,530/fn
  • Westpac New Zealand5.19%s$2,530/fn
  • First Credit Union5.29%s$2,559/fn
  • Kookmin Bank Auckland Branch5.35%$2,576/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 49A Remarkables Crescent. Free for you — lenders pay brokers — and nobody sees your name until you choose one.

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

Investor insights

49A Remarkables Crescent as a rental

Rent estimate$850/wk$740–$980 · Little evidence
Gross yield3.5%$44,200 a year on $1.25m
Net yield2.9%After $7,820 of costs
Cash flow−$147/wk30% deposit, interest only at 5.03%
Rent, 52 weeks$44,200
Empty between tenants 2 weeks−$1,700
Property management 9.2% incl. GST−$3,910
Maintenance 5% of rent−$2,210
Council rates this yearNot known
Landlord insurance the buildingNot known
Net income before interest$36,380
Interest $875,000 at 5.03%, interest only−$44,013
Cash flow before tax−$7,633

The rent covers the interest at rates up to 4.16%. That is -2.0% a year on a $375k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area120 m²
  • Decade built1990s
  • Bedrooms3
  • Bathrooms2
  • Parking1 car space
  • Property categoryUse not published
  • CouncilQueenstown-Lakes District
  • Valuation #29101-39300-A
  • 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 numberOT16A/9
  • Title typeUnit Title
  • Estate descriptionStratum in Freehold, 1/1, Unit A and Accessory Unit A1 Deposited Plan 23825
  • Legal descriptionUnit A and Accessory Unit A1 Deposited Plan 23825
  • Title issued4 May 1994
  • Land districtOtago
Instruments on this title1 registered instrumentMortgage See the title summary →

Owners and the parties to each instrument are not published on this page. Order the record of title to see them.

Getting around

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. 1 consent on record.

  1. Date not published
    New$170,000 declared

    Erect 2 Units

    Consent BC930847 · Queenstown-Lakes District

Resource consents

What the council has been asked to allow under the Resource Management Act. None on this property · 18 land use or subdivision consents within 250 m.

Within 250 m

  1. 27 Feb 2024
    Land use

    PETMAR (NSW) PTY LIMITED - CONSENT TO UNDERTAKE 180 NIGHTS RVA IN AN EXISTING RESIDENTIAL UNIT WITH 6 GUESTS WITH AN ASSOCIATED TRANSPORT BREACH AT 9 RIVERSIDE ROAD, FRANKTON, QUEENSTOWN

    RM240119 · Queenstown-Lakes District
    140 mGranted
  2. 11 Nov 2021
    Land use

    BDL LIMITED - TO UNDERTAKE ADDITIONS AND ALTERATIONS TO AN EXISTING RESIDENTIAL UNIT AT 8 REMARKABLES CRESCENT, FRANKTON

    RM210909 · Queenstown-Lakes District
    203 mGranted
  3. 5 May 2021
    Land use

    QUEENSTOWN LAKES DISTRICT COUNCIL - EARTHWORKS (TRENCHING) FOR THE PURPOSES OF INSTALLING A BELOW GROUND STORMWATER PIPELINE AT 32 LUCAS PLACE, 50 DOUGLAS STREET, 40 LUCAS PLACE, 17 MAGNOLIA PLACE, 52 & 54 DOUGLAS STREET, FRANKTON, QUEENSTOWN

    RM210363 · Queenstown-Lakes District
    216 mGranted
  4. 29 Jan 2020
    Land use

    APPLICATION UNDER S88 OF THE RMA FOR THE CONVERSION OF AN EXISTING GARAGE INTO A RESIDENTIAL UNIT WITH ASSOCIATED CAR PARKING. APPLICATION UNDER S221 OF THE RMA TO VARY CONDITION 2 OF CONSENT NOTICE 877440.2 TO ALLOW FOR THE SECOND RESIDENTIAL UNIT AT 35 RIVERSI

    RM200078 · Queenstown-Lakes District
    174 mGranted
  5. 18 Nov 2019
    Land use

    RESIDENTIAL FLAT AND QUEUING LENGTH AT 19 RIVERSIDE ROAD, FRANKTON

    RM191251 · Queenstown-Lakes District
    86 mGranted
  6. 23 Oct 2019
    Land use

    CONSENT SOUGHT TO CONSTRUCT AN EXTENSION WITHIN THE EXISTING CANOPY OF THE AUTOMOTIVE SHOWROOM BUILDING. CONSENT IS ALSO SOUGHT TO UPDATE THE SIGNAGE ON THE EXISTING BUILDING AND ROADSIDE STANDALONE SIGN. CONSENT IS ALSO SOUGHT FOR A CHANGE OF CONDITIONS TO EXISTING CONS

    RM191159 · Queenstown-Lakes District
    247 mGranted

Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents

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.

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 Council

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 Frankton

Queenstown-Lakes District
2,446
Properties on the rating roll
1 Sep 2024
Last council revaluation
Buyer demand

8 people looked at properties in Frankton this week.

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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Agents active in Frankton

People whose office is within 5 km of Frankton, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.

Independent
Bronte AdamsSalesperson
Walker & CoOffice in this suburbView profile →
Independent
Sharee AitkenSalesperson
Office in this suburbView profile →
Michael AllenSalesperson
Bayleys (Queenstown And Southern NZ Realty)Office in this suburbView profile →
John ArchibaldSalesperson
Bayleys (Queenstown And Southern NZ Realty)Office in this suburbView profile →
Liam BeattieSalesperson
Bayleys (Queenstown And Southern NZ Realty)Office in this suburbView profile →
Independent
Nicole BellSalesperson
Office in this suburbView profile →
Independent
Peter BennettsSalesperson
Walker & CoOffice in this suburbView profile →
Independent
Warren BermanAgent
Mackersy PropertyOffice in this suburbView profile →
Independent
Scott BramwellAgent
Office in this suburbView profile →
Tinkerbell Brinsley-TurnerSalesperson
New Zealand Sotheby's International Realty FranktonOffice in this suburbView profile →
Hemi BrownSalesperson
Bayleys (Queenstown And Southern NZ Realty)Office in this suburbView profile →
Julian BrownSalesperson
New Zealand Sotheby's International Realty FranktonOffice in this suburbView profile →
Who sold the most in Frankton →

The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.

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