Negotiation
4 2 2
Affordable Large Townhouse
20 Dendro Ring Road, Wainui
Barfoot & Thompson
1 / 18
- 4
- 2
- 1
- 180m²
- 161 m²
- House
Room to Relax, Space to Enjoy
A home that makes everyday living feel easy, with plenty of room for everyone to find their own space. Set on approximately 161sqm of freehold land and offering around 180sqm of floor area, this well-presented two-level residence features four bedrooms, 2.5 bathrooms, two living areas and a single internal-access garage. Thoughtfully arranged to balance family time with personal space, it also comes with the balance of a 10-Year Master Build Guarantee for added peace of mind.
Stepping inside, a welcoming entrance with built-in shoe storage offers a practical first impression, keeping everyday essentials neatly tucked away. Beyond this, the ground floor opens into a generous living and dining space, where the kitchen forms a natural centrepiece. Featuring Bosch appliances, a spacious island and plenty of room for meal preparation, it is well suited to both everyday cooking and entertaining. The open-plan arrangement allows family and friends to come together comfortably, while sliding doors lead out to the deck, creating an inviting setting for morning coffee, weekend barbecues or relaxed evenings outdoors. A guest toilet and laundry area add further convenience to this level.
Upstairs, all four bedrooms are thoughtfully positioned away from the main living spaces. The master bedroom offers a walk-in wardrobe and private ensuite, while the remaining three bedrooms share a family bathroom complete with a bathtub. An additional living area upstairs provides welcome flexibility, whether used as a cosy entertainment space, children's play area or a quiet corner to unwind. With living spaces across both levels, the layout allows everyone to spend time together while still enjoying a little privacy when needed.
With its easy-care outdoor setting and generous interior, the home offers a great balance between space and simplicity. There is room to entertain, room to unwind and enough flexibility to adapt as family needs change, all without the demands of maintaining a large property.
Positioned in the heart of Milldale, the home enjoys convenient access to Ahutoetoe School, Milldale Neighbourhood Centre, local parks and walking tracks. Silverdale's shopping facilities and motorway connections are also within easy reach, making this a practical location for both everyday routines and weekend outings.
Contact our team today to arrange a private viewing or join us at the open home.
Open homes 1
Sat, 7 Nov10:30 am – 11:15 am
OwnBetter estimate
$1.0m
Medium confidence
We estimate it would sell for $1,000,000 as at 5 October 2026, in a range of $899,000 to $1,140,000.
Typical home in Wainui
$1.22m
The median of our estimates of its 2,759 homes
$899kLow
$1.0mEstimate
$1.05mCouncil value
$1.14mHigh
How we worked this out
| Council valuation, May 2024 | $1,050,000 |
|---|---|
| Market movement in Auckland since the council valuation | −4.8% |
| Apartments and houses in Auckland | +0.1% |
| How Wainui sells against council values | +1.8% |
| Homes of this age in Wainui | +0.6% |
| Homes in this price range | −0.2% |
| Land as a share of the value | −1.5% |
| Nearby recent sales (15) | +0.8% |
| Its own sale in 2025 | −1.3% |
| Our estimate | $1,000,000 |
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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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
156 Dendro Ring Road as a rental
Rent estimate$760/wk$660–$880 · Little evidence
Gross yield4.0%$39,520 a year on $1.0m
Net yield3.3%After $6,992 of costs
Cash flow−$182/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $760 | ||
| Property manager | ||
| Rent, 52 weeks | $39,520 | |
| 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 | $32,528 | |
| Interest $700,000 at 6.00%, interest only | −$42,000 | |
| Cash flow before tax | −$9,472 | |
| Cash flow a week | −$182 | |
| Gross / net yield on the price | 4.0% / 3.3% | |
| Return on equity cash flow on the deposit, before tax | −3.2% | |
| Loses money above this interest rate, before tax | 4.65% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 4.65%. That is -3.2% a year on a $300k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area180 m²
- Land area161 m²Boundary measures 981 m²
- Decade built2020s
- Bedrooms4
- Bathrooms2
- Parking1 car space
- ImprovementsTown, house, other improvements
- Property categorySingle units, excluding bach
- CouncilAuckland
- Valuation #31350-00000027994
- 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 number1150944
- Title typeFreehold
- Legal descriptionLot 6017 Deposited Plan 564163; Lot 6 Deposited Plan 593807
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 Wainui
Auckland
2,948
Properties on the rating roll
1 May 2024
Last council revaluation
Buyer demand
5 people looked at properties in Wainui 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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