Title boundary · 10,813 m² · LINZ
Unclaimed

32 Rapaura Road, Renwick

Marlborough District

Deadline Sale

  • 5
  • 3
  • 2
  • 270m²
  • 10,800 m²
  • Lifestyle with dwelling

Golden Mile living at its finest – a must see

Could this be the idyllic lifestyle opportunity you have been waiting for? Rarely do properties of this calibre become available, offering 1.082 hectares (more or less) of beautifully presented land in the heart of Marlborough’s renowned wine region.

This private and peaceful property strikes the perfect balance between rural living and convenience, with town, schools, shops, dining and some of Marlborough’s popular winery restaurants all within easy reach. Surrounded by established gardens, mature fruit trees, manicured lawns and stunning views towards the Richmond Ranges and Marlborough Hills, there is an undeniable sense of space and tranquillity.

The modern three-bedroom main dwelling, built in 2017, has been thoughtfully designed to maximise comfort, natural light and connection to its surroundings. The open-plan kitchen and living area provides a welcoming heart to the home, while large, light-filled windows and a sunny outdoor entertaining area create an effortless flow between indoors and out. Impeccably presented, with a calming palette and contemporary style, the home is ready to simply move in and enjoy.

Adding further versatility is the separate, self-contained two-bedroom cottage positioned behind the main dwelling. Complete with its own kitchen, bathroom and toilet facilities, this tidy and well-presented space was originally used as the owners’ home prior to the main dwelling being built. It now offers an ideal retreat for visiting family and friends, extended family accommodation, or additional flexibility for those seeking more space.

The lifestyle offering continues with three fully fenced paddocks to the rear of the property, providing excellent options for grazing, keeping horses or simply enjoying the additional space. An additional detached garage with an electric roller door, along with an attached workshop/storage room, provides valuable space for vehicles, equipment, hobbies and storage.

With its combination of modern living, established gardens, versatile accommodation, productive land and a convenient location, this delightful Marlborough property deserves your attention.

Open homes 1

Sun, 1 Nov2:00 pm – 2:30 pm
.ics
Rent estimate · 27 Oct 2026
$830 – $1,100/week
Most likely about $955 a week · Little evidence: a rough guide
Estimated rental yield
3.2%
What is rental yield?

Gross rental yield is a year’s rent as a share of what the property is worth: $955 × 52 weeks = $49,660, against our estimate of $1,570,000. It is before rates, insurance, maintenance, management and vacancies, so what an owner keeps (the net yield) is lower.

How we worked this out
EvidencePoints toCounted
From its value what rentals in the area typically yield$953100%

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.

My notes
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What it costs to live here

Home expense estimates

Mortgage: open the section
$6,276a 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 32 Rapaura Road

Every rate from 36 lenders →
Estimated repayments
$2,895
$1,240,000 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
Average5.02%
Highest5.35%Kookmin

The lowest rather than the highest is $299 less a fortnight — about $7,781 over the 1 year.

All 17 lenders at 1 year fixed
  • China Construction Bank4.49%s$2,895/fn
  • ICBC4.65%s$2,950/fn
  • Bank of China4.68%s$2,960/fn
  • AIA New Zealand4.99%$3,067/fn
  • ANZ Bank New Zealand4.99%s$3,067/fn
  • ASB Bank4.99%$3,067/fn
  • Bank of Baroda4.99%$3,067/fn
  • Police Credit Union4.99%$3,067/fn
  • TSB Bank4.99%s$3,067/fn
  • Unity Credit Union4.99%s$3,067/fn
  • Kiwibank5.15%s$3,123/fn
  • Bank of New Zealand5.19%$3,138/fn
  • SBS Bank5.19%s$3,138/fn
  • The Co-operative Bank5.19%s$3,138/fn
  • Westpac New Zealand5.19%s$3,138/fn
  • First Credit Union5.29%s$3,173/fn
  • Kookmin Bank Auckland Branch5.35%$3,194/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 32 Rapaura Road. 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

32 Rapaura Road as a rental

Rent estimate$955/wk$830–$1,100 · Little evidence
Gross yield3.2%$49,660 a year on $1.55m
Net yield2.6%After $8,786 of costs
Cash flow−$261/wk30% deposit, interest only at 5.02%
Line
Price Council valuation
Deposit
Interest rate 5.02% is today’s 1-year average
Rent a week our estimate $955
Property manager
Rent, 52 weeks$49,660
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$40,874
Interest $1,085,000 at 5.02%, interest only−$54,467
Cash flow before tax−$13,593
Cash flow a week−$261
Gross / net yield on the price3.2% / 2.6%
Return on equity cash flow on the deposit, before tax−2.9%
Loses money above this interest rate, before tax3.77%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 3.77%. That is -2.9% a year on a $465k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area270 m²
  • Decade built2010s
  • Bedrooms4
  • Bathrooms2
  • Parking3 car spaces
  • Property categoryUse not published
  • CouncilMarlborough District
  • Valuation #20251-82603
  • 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 numberMB4C/1014
  • Title typeFreehold
  • Legal descriptionLot 3 Deposited Plan 7614
  • Land area10,820 m²
Registered instruments0 registered instruments on this title 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

Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.

Building consents

Building work the council has consented on this property, newest first. 4 consents on record.

  1. Date not published
    New

    Dwelling with Log Fire and Attached Garage

    Consent BC170832 · Marlborough District
  2. Date not published
    Adds/Alts

    Relocation of Garage

    Consent BC120793 · Marlborough District
  3. Date not published
    New

    Domestic dwelling

    Consent BC950750 · Marlborough District
  4. Date not published
    Adds/Alts

    Free Standing Masport R1500 Log Fire

    Consent BC130164 · Marlborough District

Resource consents

What the council has been asked to allow under the Resource Management Act. 1 on this property · 1 land use or subdivision consent within 250 m.

On this property

  1. 21 Aug 2017
    Discharge permit

    To increase the rate of discharge of treated domestic wastewater to land on Lot 3 DP 7614.

    170664 · Marlborough District
    Granted

Within 250 m

  1. 15 Mar 2016
    Land use

    To construct an addition to an existing garage within the side yard on Lot 1 DP 7614.

    U160315 · Marlborough District
    131 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 Marlborough 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.

Marlborough District Council does not publish its register. Its property file and the LIM hold HAIL records; ask its HAIL enquiry team.

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 Renwick

Marlborough District
1,232
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. 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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