Aerial · LINZ aerial
Title boundary · 766 m² · LINZ
Unclaimed

2 Bootmaker Avenue, Waipu

Also 17 Shoemaker Road

Whangarei District

Auction

  • 3
  • 2
  • 2
  • 766 m²
  • House

The Waipu opportunity buyers wait for

Loved, enjoyed and thoughtfully cared for by its current owner, this is a home filled with happy memories. From family gatherings on the deck to relaxing evenings in the spa, it's been a place to put down roots and enjoy the best of Waipu living. But with exciting new plans on the horizon, the owner is committed to selling on auction day, creating an opportunity for the next owners to make it their own.

Positioned on a sought-after corner site, this property offers a sense of space, flexibility and accessibility that is increasingly difficult to find. With Waipu Village quite literally on your doorstep, you can leave the car at home and stroll to school, grab a coffee, meet friends for lunch or pick up the groceries from the Four Square. When it's time for the beach, Uretiti and Waipu Cove are only a short drive away.

The 152sqm (more or less) home is designed for easy living, with three bedrooms, two bathrooms and welcoming open-plan spaces that flow seamlessly outdoors. The partially covered deck and private rear garden create the perfect setting for entertaining, while the fully fenced 766sqm (more or less) section provides room for children and pets to play without the burden of maintaining a larger property. Double internal-access garaging and additional off-street parking complete the package.

Adding even more appeal is the separate studio accommodation, privately accessed from Bootmaker Avenue. Whether you're accommodating extended family, giving teenagers their own space, welcoming guests or creating a work-from-home setup, the options here are considerable.

Properties that combine a generous corner-site position, versatile accommodation and genuine village convenience are seldom available and highly sought after when they are. Buyers looking for flexibility, lifestyle and location will recognise the rarity of what is on offer here. With motivated vendors and a clear commitment to sell, this is an opportunity not to be missed. Act now, because homes with this level of versatility and appeal don't come along often.

Open homes 2

Sun, 8 Nov11:30 am – 12:00 pm
.ics
Sun, 15 Nov11:30 am – 12:00 pm
.ics
OwnBetter estimate
$794k
Medium confidence

We estimate it would sell for $794,000 as at 5 October 2026, in a range of $713,000 to $904,000.

Typical home in Waipu
$923k
The median of our estimates of its 1,855 homes
How we worked this out
Council valuation, Jul 2024$810,000
Market movement in Whangarei District since the council valuation−4.1%
Apartments and houses in Whangarei District−2.7%
How Waipu sells against council values+3.1%
Homes of this age in Waipu+1.8%
Homes in this price range−0.1%
Land as a share of the value+0.9%
Nearby recent sales (15)−0.7%
Our estimate$794,000

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 Bootmaker Avenue as a rental

Rent estimate$680/wk$590–$780 · Little evidence
Gross yield4.5%$35,360 a year on $794k
Net yield3.7%After $6,256 of costs
Cash flow−$82/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $680
Property manager
Rent, 52 weeks$35,360
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$29,104
Interest $555,800 at 6.00%, interest only−$33,348
Cash flow before tax−$4,244
Cash flow a week−$82
Gross / net yield on the price4.5% / 3.7%
Return on equity cash flow on the deposit, before tax−1.8%
Loses money above this interest rate, before tax5.24%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.24%. That is -1.8% a year on a $238k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area152 m²
  • Land area766 m²
  • Decade built2000s
  • Bedrooms3
  • Bathrooms2
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilWhangarei District
  • Valuation #390-11114
  • Valuation date1 Jul 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 number138668
  • Title typeFreehold
  • Legal descriptionLot 2 Deposited Plan 333853
  • 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

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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 Waipu

Whangarei District
2,412
Properties on the rating roll
1 Jul 2024
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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