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Unclaimed

2 Mabbett Lane, Waimauku

Auckland

Asking Price $1,078,000

  • 3
  • 2
  • 2
  • 215m²
  • 1,020 m²
  • House
  • 1 Family room
  • Ensuite
  • 2 Garage
  • Deck / patio
  • Garden shed
  • Heat pump
Fencing
Partially Fenced
Views
Rural
Aspect
Easterly, Northerly
Insulation
Ceiling, Floor, Walls
Exterior
Monolithic System
Flooring
Carpet
Hot water
Electric
Water supply
Town
Sewage
Septic Tank

Affordable in Waimauku!

*Building report now available - contact us to obtain a copy*

Set on a generous quarter acre section, this beautifully renovated three bedroom, two bathroom home with double garage offers an exciting opportunity to enter Waimauku.

The home has been fully renovated inside with a strong American inspired feel. Vaulted ceilings give the main living spaces a wonderful sense of space, while wainscoting panelling throughout adds character and warmth.

The large open plan kitchen, living and dining area is the heart of the home. It opens directly onto an expansive deck overlooking the surrounding rural paddocks, creating an incredible setting for entertaining, relaxing with family or simply enjoying the peaceful outlook. It is a home that gives you the best of both worlds, with modern interiors and a genuine country feel.

All three bedrooms are generous in size, offering plenty of room for families, guests or working from home. The two bathrooms have been finished with brushed brass tapware and new terracotta tiles, adding a contemporary country feel that works perfectly with the rest of the home.

Outside, the quarter acre section gives you plenty of space to enjoy, whether that means letting the kids and pets run around, creating a garden or simply making the most of having some extra space around you.

The location is hard to beat. You are just minutes from the highly sought after Waimauku School and village, around 10 minutes to Kumeu and only 15 minutes to Muriwai Beach, one of Auckland's best west coast beaches.

For anyone wanting to get into the Waimauku, this is a fantastic opportunity. Stylish, spacious and surrounded by a beautiful rural outlook, this home really does have it all.

View by appointment or at advertised open homes.

All agent conjunctional sales welcome.

To view the property files, please use the following link: https://www.harcourtsfiles.co.nz/listings/ZI3V

OwnBetter estimate
$1.06m
Medium confidence

We estimate it would sell for $1,060,000 as at 5 October 2026, in a range of $949,000 to $1,200,000.

Typical home in Waimauku
$1.44m
The median of our estimates of its 1,140 homes
How we worked this out
Council valuation, May 2024$1,075,000
Market movement in Auckland since the council valuation−4.8%
Apartments and houses in Auckland+0.1%
How Waimauku sells against council values+3.9%
Homes of this age in Waimauku+1.4%
Homes in this price range−0.2%
Land as a share of the value+0.2%
Nearby recent sales (15)+2.3%
Its own sale in 2021−4.2%
Our estimate$1,060,000

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

2 Mabbett Lane as a rental

Rent estimate$785/wk$680–$900 · Little evidence
Gross yield3.9%$40,820 a year on $1.06m
Net yield3.2%After $7,222 of costs
Cash flow−$210/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $785
Property manager
Rent, 52 weeks$40,820
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$33,598
Interest $742,000 at 6.00%, interest only−$44,520
Cash flow before tax−$10,922
Cash flow a week−$210
Gross / net yield on the price3.9% / 3.2%
Return on equity cash flow on the deposit, before tax−3.4%
Loses money above this interest rate, before tax4.53%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 4.53%. That is -3.4% a year on a $318k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area215 m²
  • Land area1,020 m²Boundary measures 1,775 m²
  • Decade built1980s
  • Bedrooms3
  • Bathrooms2
  • Parking6 car spaces
  • Property categoryUse not published
  • CouncilAuckland
  • Valuation #30922-00000053700
  • Valuation date1 May 2024

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 numberNA37D/749
  • Title typeFreehold
  • Legal descriptionLot 7 Deposited Plan 81255; Lot 8 Deposited Plan 83532
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 Waimauku

Auckland
1,323
Properties on the rating roll
1 May 2024
Last council revaluation
Buyer demand

11 people looked at properties in Waimauku 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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