Aerial · LINZ aerial
Shared parcel · 1,013 m² · LINZ
Unclaimed

12 Heathcote Street, Taupō

Also 2/12 Heathcote Street

Taupo District

$735,000

  • 3
  • 2
  • 2
  • House

Central living available now!

The Vendor has moved, it's time for a sold sign. Tucked quietly away from the road, this single level home is built for those who've decided their time is better spent living than mowing, weeding, or driving across town for the essentials. Set on an easy-care section with no lawn to maintain, it's the kind of property that gives you your weekends back — though there's still room for a small garden, if pottering among your own plants is part of the appeal. The home itself is finished in low-maintenance cladding, so the outside looks after itself. Inside, 150sqm (more or less) of practical, well-proportioned living unfolds across three bedrooms, including a master with its own ensuite. The layout is straightforward and comfortable.

What makes this one genuinely stand out is where it sits, this is about as central as Taupō living gets. A short stroll to shops, medical facilities, and everything else you might need day to day. For anyone who no longer drives, or would simply rather not have to, that's not a small thing. There is a double garage to keep your car secured while you walk everywhere.

If easy living close to town is what you're after, this one's worth seeing for yourself.

Rent estimate · 24 Oct 2026
$570 – $760/week
Most likely about $660 a week · Little evidence: a rough guide
Estimated rental yield
4.6%
What is rental yield?

Gross rental yield is a year’s rent as a share of what the property is worth: $660 × 52 weeks = $34,320, against the council valuation of $750,000. 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$659100%

We read this property as a townhouse 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

12 Heathcote Street as a rental

Rent estimate$660/wk$570–$760 · Little evidence
Gross yield4.6%$34,320 a year on $750k
Net yield3.8%After $6,072 of costs
Cash flow−$63/wk30% deposit, interest only at 6.00%
Line
Price Council valuation
Deposit
Interest rate
Rent a week our estimate $660
Property manager
Rent, 52 weeks$34,320
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$28,248
Interest $525,000 at 6.00%, interest only−$31,500
Cash flow before tax−$3,252
Cash flow a week−$63
Gross / net yield on the price4.6% / 3.8%
Return on equity cash flow on the deposit, before tax−1.4%
Loses money above this interest rate, before tax5.38%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.38%. That is -1.4% a year on a $225k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area150 m²
  • Decade built1990s
  • Bedrooms3
  • Bathrooms2
  • Property categoryUse not published
  • CouncilTaupo District
  • Valuation #7303-19100-B
  • Valuation date1 Sep 2025

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 numberSA60C/887
  • Title typeCross lease
  • Legal descriptionFlat 2 Deposited Plan South Auckland 74567; Lot 54 Deposited Plan 19927
  • Addresses on this property2
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.

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 Taupō

Taupo District
3,656
Properties on the rating roll
10 Jun 2026
Last council revaluation
Buyer demand

6 people looked at properties in Taupō 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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