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Unclaimed

107 Coromandel Street, Thames

Thames-Coromandel District

$595,000

  • 3
  • 1
  • 97m²
  • 441 m²
  • House
  • 1 Lounge
  • 1 Dining room
  • Separate toilet
  • Sleep-out
  • Boat parking
  • Deck / patio
  • Outdoor entertaining
  • Garden shed
  • Heat pump
Fencing
Partially Fenced
Views
Local
Aspect
Northerly, Westerly
Insulation
Ceiling, Floor, Walls
Roof
Iron
Exterior
Weatherboard Timber
Flooring
Carpet, Vinyl
Hot water
Electric, Wetback
Water supply
Town
Sewage
Mains

Home with Heart, Charm & Potential

A home with plenty of character and lots of opportunity to make it your own!

From the moment you walk in, there's a really comfortable, easy-going feel here. It's a home you can move into as it is, enjoy from day one, and then take your time making changes as you go.

With three bedrooms and two WCs, the practical side is already taken care of. There's plenty of space for everyday living, whether you're starting, downsizing, or looking for a home that gives you a little room to grow.

The living area is warm and inviting, with both a heat pump and a closed fireplace - perfect for those cooler Thames evenings when you want to put your feet up and enjoy being at home. The modern kitchen flows into the dining area, creating a space that's perfect for gathering.

Outside, a manageable section of approximately 441sqm, giving you some great outdoor space without spending every weekend mowing and maintaining it. There's also plenty of opportunity to add your own touches and create an outdoor space that suits you.

And for the renovators out there, this is where things get exciting. There's plenty of scope to modernise, add your own style and make some changes over time to create a home that really works for you.

The location is another big tick - close to Thames township and everything you need, while still having that Coromandel lifestyle right on your doorstep. Whether it's a quick trip into town or heading out to explore the coast, you're well placed to enjoy the best of both.

So, whether you're looking for your first home, a place to put your own stamp on, or a property with a little project potential, this one could be for you.

Contact Nicola or Tahlia today to arrange a viewing.

OwnBetter estimate
$562k
Medium confidence

We estimate it would sell for $562,000 as at 5 October 2026, in a range of $504,000 to $639,000.

Typical home in Thames
$651k
The median of our estimates of its 2,896 homes
How we worked this out
Council valuation, Jul 2023$540,000
Market movement in Thames-Coromandel District since the council valuation+0.2%
How Thames sells against council values−1.2%
Homes of this age in Thames−0.6%
Homes in this price range+0.6%
Land as a share of the value+0.3%
Nearby recent sales (15)+0.8%
Its own sale in 2022+3.8%
Our estimate$562,000

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

107 Coromandel Street as a rental

Rent estimate$570/wk$490–$660 · Little evidence
Gross yield5.3%$29,640 a year on $562k
Net yield4.3%After $5,244 of costs
Cash flow+$15/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $570
Property manager
Rent, 52 weeks$29,640
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$24,396
Interest $393,400 at 6.00%, interest only−$23,604
Cash flow before tax+$792
Cash flow a week+$15
Gross / net yield on the price5.3% / 4.3%
Return on equity cash flow on the deposit, before tax0.5%
Loses money above this interest rate, before tax6.20%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 6.20%. That is 0.5% a year on a $169k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area97 m²
  • Land area441 m²
  • Decade built1940s
  • Bedrooms3
  • Bathrooms1
  • Property categoryUse not published
  • CouncilThames-Coromandel District
  • Valuation #4920-48004
  • 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 numberSA51D/833
  • Title typeFreehold
  • Legal descriptionLot 5 Deposited Plan South Auckland 64408
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.

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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 Thames

Thames-Coromandel District
3,686
Properties on the rating roll
1 Jul 2023
Last council revaluation
Buyer demand

6 people looked at properties in Thames 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.

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