Title boundary · 2,510 m² · LINZ
Unclaimed

31B State Highway 41, Manunui

Taumarunui · Ruapehu District

What you’ll love about this place

  • About 90 m from a river

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

Rent estimate · 11 Oct 2026
$450 – $600/week
Most likely about $520 a week · Little evidence: a rough guide
Estimated rental yield
5.7%
What is rental yield?

Gross rental yield is a year’s rent as a share of what the property is worth: $520 × 52 weeks = $27,040, against our estimate of $471,000. 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$522100%

We read this property as a house with 3 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

31B State Highway 41 as a rental

Rent estimate$520/wk$450–$600 · Little evidence
Gross yield6.0%$27,040 a year on $450k
Net yield4.9%After $4,784 of costs
Cash flow+$65/wk30% deposit, interest only at 6.00%
Rent, 52 weeks$27,040
Empty between tenants 2 weeks−$1,040
Property management 9.2% incl. GST−$2,392
Maintenance 5% of rent−$1,352
Council rates this yearNot known
Landlord insurance the buildingNot known
Net income before interest$22,256
Interest $315,000 at 6.00%, interest only−$18,900
Cash flow before tax+$3,356

The rent covers the interest at rates up to 7.07%. That is 2.5% a year on a $135k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area95 m²
  • Decade built1970s
  • Bedrooms3
  • Bathrooms1
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilRuapehu District
  • Valuation #6130-55000
  • 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 numberSA11B/594
  • Title typeFreehold
  • Land area1,915 m²
Instruments on this title0 registered instruments See the title summary →

Owners and the parties to each instrument are not published on this page. Order the record of title to see them.

Getting around

Listings

Selling this property, or the agent for it? Import the listing from your agency's site or a portal and it appears here, free: photos, price, open homes and your details, beside the council record buyers are already reading.

Building consents

We hold no building consents for this property yet. The council may hold records we have not seen.

Unclaimed
Nobody is tracking this property yet

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.

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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.

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.

The hazard maps could not be read just now.

Contaminated land

Councils keep registers of land used for activities on the Hazardous Activities and Industries List (HAIL) — service stations, timber treatment, orchards, landfills. A listing records how land was used, not that it is contaminated: most sites have never been tested.

Horizons does not publish its register. Its HAIL information request form asks it what it holds on a property.

Ask Horizons Regional Council

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 Manunui

Ruapehu District
588
Properties on the rating roll
1 Jul 2023
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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