Offers Over $1,175,000
4 2 7
Executive Living with a Garden Sanctuary
5 Holdaway Grove, Richmond
Summit Real Estate
Aerial · LINZ aerial
Unclaimed
32 Concordia Drive, Richmond
Tasman District
Negotiation
- 6
- 4
- 2
- 323m²
- 1,294 m²
- House
- 1 Lounge
- 1 Dining room
- 2 Garage
Luxury Family Scale: 6 Bedrooms, 4 Bathrooms
Commanding an impressive presence on a rare 1,293sqm section in a quiet Richmond cul-de-sac, this magnificent 323sqm residence effortlessly fuses classical elegance with modern family luxury. Reminiscent of a refined English country estate, every room makes an unforgettable statement from the grand entrance hall to the sparkling crystal chandeliers. Tailored for large families, or multi-generational living, this expansive property offers a sanctuary of privacy, scale, and uncompromising quality.
At the heart of the home lies a seamless sequence of living spaces paired with a chef's kitchen, custom scullery, and a cozy sunken formal lounge. Living areas flow out to a covered outdoor entertainment pavilion with an integrated outdoor fireplace overlooking immaculately hedged gardens and an expansive lawn. Designed for ultimate versatility, the six-bedroom layout includes a lavish master suite, a dedicated guest wing, and two executive ground-floor offices.
Key highlights: • Six bedrooms and four luxury bathrooms, featuring a generous master suite, a dedicated ground-floor guest wing with two bedrooms (one with private ensuite), exquisite marble-look tiling, and underfloor heating in three bathrooms • Two executive ground-floor offices offering ideal flexibility for working from home, a music room, or a dedicated kids' playroom. • Gourmet kitchen featuring a premium Belling stove, induction cooktop, double Bosch dishwashers, and an exceptionally spacious scullery. • Carpeted double garage featuring attic storage and convenient double drive-through doors on both sides, providing seamless access to rear parking for a small boat, trailer, or extra vehicle. • An expansive, fenced rear lawn providing a massive space for children and pets to run and play, complemented by immaculately manicured hedged gardens framing the home and its entrance. • Walking distance to Waimea College, Garin College, Waimea Intermediate, and local primary schools, with supermarkets, Richmond Shopping Centre, Saxton Field, and mountain bike trails just moments away.
Delivering an uncompromised standard of space, classical refinement, and effortless daily living, this home offers an extraordinary lifestyle in one of Richmond's most tightly held addresses.
A residence of this caliber and proportion is a rare find in the current market. Contact us today to secure your private viewing of 32 Concordia Drive.
OwnBetter estimate
$1.64m
Medium confidence
We estimate it would sell for $1,640,000 as at 5 October 2026, in a range of $1,470,000 to $1,860,000.
Typical home in Richmond
$792k
The median of our estimates of its 6,194 homes
$1.47mLow
$1.64mEstimate
$1.66mCouncil value
$1.86mHigh
How we worked this out
| Council valuation, Sept 2023 | $1,660,000 |
|---|---|
| Market movement in Tasman District since the council valuation | +2.0% |
| Homes of this age in Richmond | −0.6% |
| Homes in this price range | −2.6% |
| Land as a share of the value | +0.9% |
| Nearby recent sales (15) | +1.7% |
| Its own sale in 2016 | −2.8% |
| Our estimate | $1,640,000 |
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.
My notes
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Sign in for the free reportHome 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.
Investor insights
32 Concordia Drive as a rental
Rent estimate$975/wk$850–$1,120 · Little evidence
Gross yield3.1%$50,700 a year on $1.64m
Net yield2.5%After $8,970 of costs
Cash flow−$522/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $975 | ||
| Property manager | ||
| Rent, 52 weeks | $50,700 | |
| 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 | $41,730 | |
| Interest $1,148,000 at 6.00%, interest only | −$68,880 | |
| Cash flow before tax | −$27,150 | |
| Cash flow a week | −$522 | |
| Gross / net yield on the price | 3.1% / 2.5% | |
| Return on equity cash flow on the deposit, before tax | −5.5% | |
| Loses money above this interest rate, before tax | 3.64% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 3.64%. That is -5.5% a year on a $492k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area323 m²
- Land area1,294 m²
- Decade built1990s
- Bedrooms6
- Bathrooms4
- Parking6 car spaces
- Property categoryUse not published
- CouncilTasman District
- Valuation #19610-37624
- Council Property ReportView the council’s report
- Valuation date1 Sep 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 number681644
- Title typeFreehold
- Legal descriptionLot 22 Deposited Plan 483309
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
Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.
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 Richmond
Tasman District
7,369
Properties on the rating roll
10 Jun 2026
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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The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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