Aerial · LINZ aerial
Title boundary · 8,806 m² · LINZ
UnclaimedRural

161 Orepuki Riverton Highway, Riverton/Aparima

Southland District

Offers Over $720,000

  • 4
  • 1
  • House

ESTUARY VIEW LIFESTYLE BLOCK

Enjoy country living with estuary views from this modernised 1920s home set on 8,783m2. A newly established entrance with post-and-rail fencing welcomes you to this spacious, family-friendly property. Featuring four bedrooms and an open-plan kitchen/living area, the kitchen includes a central island and a Belling cooker with an induction cooktop – making this light-filled, well-functioning space the heart of the home.

Step onto the covered deck and take in the scenery while enjoying the easy-care garden. The home has been updated throughout with insulation, a heat pump, and double glazing. The master bedroom features a modernised wardrobe system perfect for today’s couple. The combined bathroom/laundry includes a toilet, with a separate second toilet for added convenience.

The well-fenced paddock provides plenty of open space, ideal for a few sheep or other livestock, and a rustic original shearing shed (sold “as is, where is”) offers extra storage. If you’re looking for a country lifestyle with lovely water views, this property could be your next move. Call Jan to arrange a viewing today.

What you’ll love about this place

  • About 80 m from a river

From LINZ's topographic maps: how near the land comes to the water's edge.

Rent estimate · 22 Oct 2026
$520 – $700/week
Most likely about $605 a week · Little evidence: a rough guide
Estimated rental yield
5.0%
What is rental yield?

Gross rental yield is a year’s rent as a share of what the property is worth: $605 × 52 weeks = $31,460, against the council valuation of $630,000. 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$604100%

We read this property as a house. 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

—a 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.

Investor insights

161 Orepuki Riverton Highway as a rental

Rent estimate$605/wk$520–$700 · Little evidence
Gross yield5.0%$31,460 a year on $630k
Net yield4.1%After $5,566 of costs
Cash flow−$11/wk30% deposit, interest only at 6.00%
Line
Price Council valuation
Deposit
Interest rate
Rent a week our estimate $605
Property manager
Rent, 52 weeks$31,460
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$25,894
Interest $441,000 at 6.00%, interest only−$26,460
Cash flow before tax−$566
Cash flow a week−$11
Gross / net yield on the price5.0% / 4.1%
Return on equity cash flow on the deposit, before tax−0.3%
Loses money above this interest rate, before tax5.87%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.87%. That is -0.3% a year on a $189k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area139 m²
  • Land area8,783 m²
  • Property categoryLI191B
  • Zoning (valuer’s record)1A
  • CouncilSouthland District
  • Valuation #30520-59107
  • Valuation date1 Jul 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 number863351
  • Title typeFreehold
  • Legal descriptionLot 1 Deposited Plan 530577
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.

Unclaimed
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What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
2Your lending in the pictureAdd what you owe, or connect the bank, and the equity and LVR stop being a calculation you redo by hand.
3Providers compete for itPut the mortgage, the insurance and the power out to people who want the business — on your terms, when you ask.
4Everything else you ownOne search finds other titles in your name and in companies you are a director of.

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.

Zoning (rating roll)1A

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 Riverton/Aparima

Southland District
1,647
Properties on the rating roll
1 Jul 2024
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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