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Unclaimed

9 Merehai Place, Snells Beach

Auckland

$550,000

  • 1
  • 1
  • 2
  • 44m²
  • House
  • 1 Lounge
  • 1 Dining room
  • Separate laundry
  • 2 Off-street parks
  • Deck / patio
  • Outdoor entertaining
  • Heat pump
Fencing
Partially Fenced
Views
Local, Sea, Urban
Aspect
Easterly, Northerly
Roof
Iron
Flooring
Carpet, Vinyl
Hot water
Electric
Water supply
Town
Sewage
Mains

Character and Potential, Sea Views

This cottage-style home is full of character and original charm, as well as great views over Kawau Bay.

Upstairs, the bedroom nestles beneath the pitched gable roof, where dormer windows frame the water outlook; a lovely spot to wake up to.

Downstairs, open-plan kitchen, dining and living flow through to the deck, with a generous back yard offering plenty of outdoor space to enjoy.

This property is the rear house of a cross lease, so cannot be seen from the road. It could suit a variety of buyers; a single owner, a young couple, a holiday home buyer, use as an AirBnB, or buyers keen to put their own stamp on the property and develop further.

Don't miss this rare opportunity! Call and make a time to view.

OwnBetter estimate
$587k
Medium confidence

We estimate it would sell for $587,000 as at 5 October 2026, in a range of $502,000 to $668,000.

Typical home in Snells Beach
$949k
The median of our estimates of its 1,886 homes
How we worked this out
Council valuation, May 2024$600,000
Market movement in Auckland since the council valuation−4.8%
Apartments and houses in Auckland+0.1%
How Snells Beach sells against council values+2.8%
Homes of this age in Snells Beach−0.8%
Homes in this price range+0.5%
Land as a share of the value+0.9%
Nearby recent sales (15)−0.5%
Our estimate$587,000

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.

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

9 Merehai Place as a rental

Rent estimate$585/wk$500–$670 · Little evidence
Gross yield5.2%$30,420 a year on $587k
Net yield4.3%After $5,382 of costs
Cash flow+$7/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $585
Property manager
Rent, 52 weeks$30,420
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$25,038
Interest $410,900 at 6.00%, interest only−$24,654
Cash flow before tax+$384
Cash flow a week+$7
Gross / net yield on the price5.2% / 4.3%
Return on equity cash flow on the deposit, before tax0.2%
Loses money above this interest rate, before tax6.09%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 6.09%. That is 0.2% a year on a $176k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area44 m²
  • Decade built1990s
  • Bedrooms1
  • Bathrooms1
  • Property categoryUse not published
  • CouncilAuckland
  • Valuation #00901-00000000347-A
  • 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 and land

Order a title record
  • Title numberNA85B/593
  • Title typeCross lease
  • Legal descriptionFlat 1 Deposited Plan 143742; Lot 158 Deposited Plan 99172
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

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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 Snells Beach

Auckland
2,001
Properties on the rating roll
1 May 2024
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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