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Unclaimed

840 Te Rahu Road, Te Awamutu

Waipa District

Auction

  • 4
  • 2
  • 2
  • 152m²
  • 877 m²
  • House
  • 1 Lounge
  • 1 Dining room
  • Ensuite
  • 2 Garage
  • Deck / patio
  • Heat pump
Fencing
Fully Fenced
Views
None
Insulation
Ceiling, Floor
Roof
Coloured Steel, Long Run
Exterior
Weatherboard Timber
Flooring
Tiles, Vinyl
Hot water
Gas
Water supply
Town
Sewage
Mains

Vendors Committed, and Ready to Go!

Some homes just feel right, somewhere to kick off your shoes, let the kids play, and enjoy being together.

Welcome to 840 Te Rahu Road, a lovingly updated four-bedroom, two-bathroom home with space for the whole family.

Inside, the open-plan kitchen, dining and lounge bring everyone together. From busy school mornings to relaxed dinners with friends. Four bedrooms give everyone room to retreat, while the sunny master enjoys its own generous ensuite.

Double glazing adds everyday comfort, with a wood burner and heat pumps keeping things cosy when the weather cools.

But it's the outdoor living that really makes this home special.

Two outstanding decks, at the front and rear, give you options to follow the sunshine throughout the day. Enjoy your morning coffee, stretch out in the afternoon sun, or gather friends around the barbecue on the large covered rear deck.

There's plenty of yard space for cricket, four-legged friends, a trampoline and everything family life brings along.

Established easy care gardens and a large separate garage complete the picture.

Warm, welcoming and ready for its next chapter come and imagine your family here!

Copy and paste this link to download documents: https://vltre.co/pC1fGE

OwnBetter estimate
$790k
Medium confidence

We estimate it would sell for $790,000 as at 5 October 2026, in a range of $709,000 to $898,000.

Typical home in Te Awamutu
$689k
The median of our estimates of its 5,197 homes
How we worked this out
Council valuation, Aug 2025$740,000
Market movement in Waipa District since the council valuation+1.7%
Apartments and houses in Waipa District+0.2%
How Te Awamutu sells against council values+0.3%
Homes of this age in Te Awamutu+0.7%
Homes in this price range+0.4%
Land as a share of the value−0.4%
Nearby recent sales (15)+1.7%
Its own sale in 2021+1.9%
Our estimate$790,000

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.

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

840 Te Rahu Road as a rental

Rent estimate$675/wk$590–$780 · Little evidence
Gross yield4.4%$35,100 a year on $790k
Net yield3.7%After $6,210 of costs
Cash flow−$83/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $675
Property manager
Rent, 52 weeks$35,100
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$28,890
Interest $553,000 at 6.00%, interest only−$33,180
Cash flow before tax−$4,290
Cash flow a week−$83
Gross / net yield on the price4.4% / 3.7%
Return on equity cash flow on the deposit, before tax−1.8%
Loses money above this interest rate, before tax5.22%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.22%. That is -1.8% a year on a $237k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area150 m²
  • Land area877 m²
  • Decade built1940s
  • Bedrooms4
  • Bathrooms2
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilWaipa District
  • Valuation #4481-20101
  • Valuation date1 Aug 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 number380295
  • Title typeFreehold
  • Legal descriptionLot 1 Deposited Plan 395136
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 Te Awamutu

Waipa District
7,580
Properties on the rating roll
10 Jun 2026
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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