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UnclaimedResidentialSingle units, excluding bach

37 Mita Road, Silverdale

Auckland

Negotiation

  • 5
  • 3
  • 4
  • 240m²
  • 324 m²
  • House

Motivated owners moving central - Don't wait!

**IMPORTANT: Please disregard the previous 2021 sale price - this is not a reflection of the owners current expectations.**

The owners have loved their time here, but with the nest now empty, they're ready to downsize and move closer to the city. They're motivated to make their next move happen, creating an opportunity for buyers looking for a great family home in Silverdale.

With five generous bedrooms, three potential living spaces, three bathrooms and four toilets, there's plenty of room for the whole family. Two bedrooms have their own ensuites, while the downstairs bedroom, separate lounge and ensuite offer excellent granny-flat-style potential for extended family, teenagers or guests.

Outside, enjoy a sunny north-facing garden, a great deck for summer entertaining and a vegetable garden. There's also an internal-access garage plus three off-street car parks - a real bonus in the area.

The location is hard to beat, with easy motorway access and the Hibiscus Coast Bus Station within walking distance. PAK'nSAVE, Bunnings, the local medical centre and early childhood centres are all nearby, and with the property recently zoned for Silverdale School, it's a great spot for families.

**HERE'S THE OPPORTUNITY:** The owners are motivated, open to all offers and flexible on terms and settlement dates. They're ready to make a move, so don't assume this home is out of reach or hold back because you think your offer might not be considered. If you're interested, get in touch and put an offer forward.

With summer just around the corner, this could be your opportunity to secure a fantastic family home and be settled in time to enjoy it.

Conjunctionals from all agencies are warmly welcomed.

Team Lisa Westerby & Montana Northcroft - Selling over $200mil+ of real estate across 35 Auckland suburbs.

Open homes 1

Sun, 8 Nov12:00 pm – 12:30 pm
.ics
Rent estimate · 1 Nov 2026
$750 – $990/week
Most likely about $860 a week · Little evidence: a rough guide
Estimated rental yield
3.5%
What is rental yield?

Gross rental yield is a year’s rent as a share of what the property is worth: $860 × 52 weeks = $44,720, against the council valuation of $1,275,000. 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$859100%

We read this property as a house with 5 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

—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

37 Mita Road as a rental

Rent estimate$860/wk$750–$990 · Little evidence
Gross yield3.5%$44,720 a year on $1.27m
Net yield2.9%After $7,912 of costs
Cash flow−$322/wk30% deposit, interest only at 6.00%
Line
Price Council valuation
Deposit
Interest rate
Rent a week our estimate $860
Property manager
Rent, 52 weeks$44,720
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$36,808
Interest $892,500 at 6.00%, interest only−$53,550
Cash flow before tax−$16,742
Cash flow a week−$322
Gross / net yield on the price3.5% / 2.9%
Return on equity cash flow on the deposit, before tax−4.4%
Loses money above this interest rate, before tax4.12%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 4.12%. That is -4.4% a year on a $383k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area240 m²
  • Land area324 m²
  • Bedrooms5
  • Bathrooms3
  • Parking4 car spaces
  • ImprovementsDwelling, other improvements
  • Property categorySingle units, excluding bach
  • CouncilAuckland
  • Valuation #31810-00000073189
  • Valuation date1 May 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 number943952
  • Title typeFreehold
  • Legal descriptionLot 78 Deposited Plan 549200
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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1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
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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 Silverdale

Auckland
3,871
Properties on the rating roll
1 May 2024
Last council revaluation
Buyer demand

6 people looked at properties in Silverdale this week.

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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