40 Kururau Road, Taumarunui
Ruapehu District
Buyer Enquiry Over $349,000
- 3
- 2
- 113m²
- 683 m²
- House
SPACE, SUNSHINE & POTENTIAL and BRICK!
Welcome to 40 Kururau Road, Taumarunui! A fantastic opportunity for first-home buyers, families, or investors looking for a low maintenance property with scope to add their flair too should they wish.
Inside, you’ll find three bedrooms, two bathrooms, and a semi-open-plan kitchen and dining area flowing into a sunny living room. French doors open onto the concrete patio, creating the perfect spot to relax and enjoy the summer sun!
The kitchen features a large oven and modern kitchen, complete with nice tiles on the floor for easy clean up, while a second external door offers further potential to create a second entertaining area by installing a large covered deck, perfect for entertaining your loved ones over the Summer holidays. (Council permitting of course) The homes decor is nice and neutral with good carpet, allowing you to move in and enjoy.
Outside, the fully fenced, easy-care section is a blank canvas ready for your ideas, with plenty of room for children, pets, gardens, or future improvements. Off-street parking adds extra convenience.
Located just a short drive from the Taumarunui town centre and hospital, this property offers comfortable living in a handy location.
Whether you're stepping onto the property ladder, investing, or looking for a home you can make your own, this low maintenance home is an opportunity worth your attention.
Contact Tim or Nat on 0508 NEXTMOVE to arrange your viewing or for further details.
Open homes 1
Added to OwnBetter 2 Nov 2026
We estimate it would sell for $329,000 as at 5 October 2026, in a range of $295,000 to $374,000.
How we worked this out
| Council valuation, Jul 2023 | $330,000 |
|---|---|
| Market movement in Ruapehu District since the council valuation | +0.6% |
| Apartments and houses in Ruapehu District | +0.1% |
| How Taumarunui sells against council values | +2.4% |
| Homes of this age in Taumarunui | +0.3% |
| Homes in this price range | +0.1% |
| Land as a share of the value | −1.9% |
| Nearby recent sales (15) | +0.2% |
| Its own sale in 2020 | −2.1% |
| Our estimate | $329,000 |
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.
Sign in to rate this property, keep private notes on it and record what you think it is worth. Only you see them.
Home 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.
40 Kururau Road as a rental
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $435 | ||
| Property manager | ||
| Rent, 52 weeks | $22,620 | |
| 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 | $18,618 | |
| Interest $230,300 at 6.00%, interest only | −$13,818 | |
| Cash flow before tax | +$4,800 | |
| Cash flow a week | +$92 | |
| Gross / net yield on the price | 6.9% / 5.7% | |
| Return on equity cash flow on the deposit, before tax | 4.9% | |
| Loses money above this interest rate, before tax | 8.08% | |
The rent covers the interest at rates up to 8.08%. That is 4.9% a year on a $99k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area113 m²
- Land area683 m²
- Decade built1970s
- Bedrooms3
- Bathrooms2
- Parking1 car space
- Property categoryUse not published
- CouncilRuapehu District
- Valuation #6024-10400
- 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 and land
Order a title record- Title numberTNB3/431
- Title typeFreehold
- Legal descriptionOhura South N2E1C1 Block
Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.
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.
If it is yours, claiming it puts the council record, the title and what it costs you to hold in one place — and lets you put your lending, insurance and power out to people who compete for them.
We check your name against the registered owner on the title before a claim is accepted. Nothing on this page changes for anyone else, and no provider is contacted until you ask.
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 Taumarunui
5 people looked at properties in Taumarunui this week.
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.
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
Claim it, then find everything else you own.
A single search across NZ property records finds other titles in your name and in companies you are a director of. Most owners find at least one they had forgotten was held somewhere else.