4A Chestnut Circle, Frankton
Queenstown · Queenstown-Lakes District
Last sold Jun 1994
We estimate it would sell for $1,390,000 as at 5 October 2026, in a range of $1,190,000 to $1,580,000.
How we worked this out
| Council valuation, Sept 2024 | $1,250,000 |
|---|---|
| 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 | +0.3% |
| Nearby recent sales (15) | +1.9% |
| Our estimate | $1,390,000 |
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.
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.
4A Chestnut Circle as a rental
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $895 | ||
| Property manager | ||
| Rent, 52 weeks | $46,540 | |
| 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 | $38,306 | |
| Interest $973,000 at 6.00%, interest only | −$58,380 | |
| Cash flow before tax | −$20,074 | |
| Cash flow a week | −$386 | |
| Gross / net yield on the price | 3.3% / 2.8% | |
| Return on equity cash flow on the deposit, before tax | −4.8% | |
| Loses money above this interest rate, before tax | 3.94% | |
The rent covers the interest at rates up to 3.94%. That is -4.8% a year on a $417k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area176 m²
- Decade built1990s
- Bedrooms4
- Bathrooms2
- Parking2 car spaces
- Property categoryUse not published
- CouncilQueenstown-Lakes District
- Valuation #29101-53601
- 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 number467137
- Title typeFreehold
- Land area323 m²
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$100,000 declared
Erect Dwelling
Consent BC941354 · Queenstown-Lakes District - Date not publishedAdds/Alts$2,500 declared
4A Chestnut Circle
Consent BC160696 · Queenstown-Lakes District
Resource consents
What the council has been asked to allow under the Resource Management Act. None on this property · 6 land use or subdivision consents within 250 m.
Within 250 m
- 29 Jan 2020Land 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 District94 mGranted - 18 Nov 2019Land use
RESIDENTIAL FLAT AND QUEUING LENGTH AT 19 RIVERSIDE ROAD, FRANKTON
RM191251 · Queenstown-Lakes District242 mGranted - 22 Nov 2018Land use
OPERATE VISITOR ACCOMMODATION FOR UP TO 180 DAYS PER CALENDAR YEAR AT 10/39 CHERRY BLOSSOM AVENUE, FRANKTON
RM181563 · Queenstown-Lakes District140 mGranted - 21 Aug 2018Land use
VARIATION TO APPROVED RESOURCE CONSENT (RM120555) TO INCREASE THE HOURS OF OPERATION AT 9 COPPER BEECH AVENUE, FRANKTON
RM181043 · Queenstown-Lakes District197 mGranted - 13 Jun 2018Land use
ESTABLISH VISITOR ACCOMMODATION ACTIVITY WITHIN AN EXISTING RESIDENTIAL UNIT FOR UP TO 280 NIGHTS PER YEAR AND UP TO 8 GUESTS AT 54 RIVERSIDE ROAD, FRANKTON
RM180786 · Queenstown-Lakes District113 mGranted - 2 Feb 2018Land use
CONSTRUCTION OF A GARAGE IN THE ROAD BOUNDARY SETBACK AT 37 KAWARAU PL, FRANKTON
RM180153 · Queenstown-Lakes District241 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.
The hazard maps could not be read just now.
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 Frankton
11 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.
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.
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.