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Unclaimed

225 Stone Street, Wānaka

Queenstown-Lakes District

Auction

  • 4
  • 2
  • 1
  • 189m²
  • 751 m²
  • House
  • 1 Family room
  • Ensuite
  • Separate toilet
  • 1 Garage
  • Heat pump
  • Ventilation system
Fencing
Partially fenced
Aspect
Northerly, Westerly
Roof
Colorsteel
Exterior
Plaster
Hot water
Gas
Water supply
Town
Sewage
City

A Generous Corner Setting

This established four-bedroom family home sits proudly on a lovely, sunny corner site with plenty of future potential, whether you're looking to nest or invest in this central Wanaka location.

With a Healthy Homes Certificate already in place, this property would make an ideal rental investment. Within easy walking distance of town and just down the road from the Medical Centre, it offers the potential for solid rental returns while the underlying land value of this corner position continues to evolve.

If you're looking for a family home or holiday house in Wanaka, the fully fenced yard is a real treat. Framed by established planting, it offers plenty of space and a safe, secure environment for the whole family to enjoy. Inside, the large open-plan living area, complete with a wood fire, provides plenty of room to entertain. All four bedrooms are generously sized, with three boasting their own external access.

Raised gardens, a single garage and, best of all, the "stage" positioned in the backyard round out this tidy package on the corner of Stone Street and Coromandel Street.

This property is to be sold by Auction on 26 November 2026 (unless sold prior), and our vendors will consider early offers.

To download the property documents, please visit https://rwwanaka.co.nz/WNK32192#documents

Open homes 2

Wed, 4 Nov1:00 pm – 1:30 pm
.ics
Sat, 7 Nov2:00 pm – 2:30 pm
.ics
OwnBetter estimate
$1.55m
Medium confidence

We estimate it would sell for $1,550,000 as at 5 October 2026, in a range of $1,390,000 to $1,770,000.

Typical home in Wānaka
$1.71m
The median of our estimates of its 6,809 homes
How we worked this out
Council valuation, Sept 2024$1,450,000
Market movement in Queenstown-Lakes District since the council valuation+6.4%
How Wānaka sells against council values−2.6%
Homes of this age in Wānaka+1.8%
Homes in this price range+0.9%
Land as a share of the value−0.1%
Nearby recent sales (15)+0.1%
Its own sale in 2020+0.6%
Our estimate$1,550,000

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

225 Stone Street as a rental

Rent estimate$955/wk$830–$1,100 · Little evidence
Gross yield3.2%$49,660 a year on $1.55m
Net yield2.6%After $8,786 of costs
Cash flow−$466/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $955
Property manager
Rent, 52 weeks$49,660
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$40,874
Interest $1,085,000 at 6.00%, interest only−$65,100
Cash flow before tax−$24,226
Cash flow a week−$466
Gross / net yield on the price3.2% / 2.6%
Return on equity cash flow on the deposit, before tax−5.2%
Loses money above this interest rate, before tax3.77%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 3.77%. That is -5.2% a year on a $465k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area189 m²
  • Land area751 m²
  • Decade built2000s
  • Bedrooms4
  • Bathrooms2
  • Property categoryUse not published
  • CouncilQueenstown-Lakes District
  • Valuation #29053-62500
  • Valuation date1 Sep 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 numberOT17B/856
  • Title typeFreehold
  • Legal descriptionLot 14 Deposited Plan 25352
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 Wānaka

Queenstown-Lakes District
8,643
Properties on the rating roll
1 Jun 2025
Last council revaluation
Buyer demand

23 people looked at properties in Wānaka 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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