Aerial · LINZ aerial
Title boundary · 816 m² · LINZ
Unclaimed

216 Sylvia Road, Whangamatā

Thames-Coromandel District

Deadline Sale

  • 814 m²
  • Land

Get Out the Jandals

To find a section of around 814 square metres within easy reach of one of the most popular beaches in New Zealand is only a dream for most - yet here it is.

Kiwi summers, here we come. A short stroll from 216 Sylvia Road, the best that Whangamata has to offer is just minutes away. Williamson Park is an iconic beachfront reserve, the Whangamata Surf Life Saving Club and of course the seemingly endless line of surf shops, bars and café’s combine to make this area one of the most sought after holiday destinations in New Zealand.

This is a once in a lifetime opportunity to drop your jandals on your future, be it to build your holiday home, retire or simply secure a land holding while you relax in the existing one bedroom accommodation, this is an opportunity to create something of your own in a location where the beach lifestyle is genuinely part of everyday life.

Boundary line on photos indicative only. White building not included in purchase. (Information displayed in the property details sections of this and other websites may be sourced from third-party records and council data. Trueman & Co Realty and its agents do not guarantee its accuracy. Purchasers are advised to verify all information independently and seek appropriate professional advice. Source of information: Property Smarts, REINZ, Tauranga City Council, Western Bay of Plenty District Council (non-verified)).

OwnBetter estimate
$1.29m
Medium confidence

We estimate it would sell for $1,290,000 as at 5 October 2026, in a range of $1,110,000 to $1,470,000.

Typical home in Whangamatā
$1.11m
The median of our estimates of its 4,201 homes
How we worked this out
Council valuation, Jul 2023$1,290,000
Market movement in Thames-Coromandel District since the council valuation+0.2%
How Whangamatā sells against council values+3.9%
Homes of this age in Whangamatā+0.3%
Homes in this price range−1.7%
Land as a share of the value−1.0%
Nearby recent sales (15)−1.4%
Our estimate$1,290,000

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 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

216 Sylvia Road as a rental

Rent estimate$865/wk$750–$990 · Little evidence
Gross yield3.5%$44,980 a year on $1.29m
Net yield2.9%After $7,958 of costs
Cash flow−$330/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $865
Property manager
Rent, 52 weeks$44,980
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$37,022
Interest $903,000 at 6.00%, interest only−$54,180
Cash flow before tax−$17,158
Cash flow a week−$330
Gross / net yield on the price3.5% / 2.9%
Return on equity cash flow on the deposit, before tax−4.4%
Loses money above this interest rate, before tax4.10%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 4.10%. That is -4.4% a year on a $387k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area28 m²
  • Land area814 m²
  • Decade built1970s
  • Bedrooms4
  • Bathrooms3
  • Property categoryUse not published
  • CouncilThames-Coromandel District
  • Valuation #4974-10700
  • 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 numberSA1023/178
  • Title typeFreehold
  • Legal descriptionLot 166 Deposited Plan South Auckland 552
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

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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 Whangamatā

Thames-Coromandel District
5,124
Properties on the rating roll
1 Sep 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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