5 Seafront Road, Castlecliff
Whanganui · Whanganui District
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $490 × 52 weeks = $25,480, against our estimate of $417,000. It is before rates, insurance, maintenance, management and vacancies, so what an owner keeps (the net yield) is lower.
How we worked this out
| Evidence | Points to | Counted |
|---|---|---|
| From its value what rentals in the area typically yield | $491 | 100% |
We read this property as a house with 2 bedrooms. Rentals advertised nearby count most when they are close, recent and alike; the more of them there are, the less the area’s bond figures count. Bond figures are rents agreed in new tenancies, from Tenancy Services, placed within the area by how this property’s council valuation compares with similar homes there.
These are computer-generated guides only, not a rental appraisal.
Sign in to rate this property, keep private notes on it and record what you think it is worth. Only you see them.
Home expense estimates
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.
5 Seafront Road as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $490 | ||
| Property manager | ||
| Rent, 52 weeks | $25,480 | |
| 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 | $20,972 | |
| Interest $294,000 at 6.00%, interest only | −$17,640 | |
| Cash flow before tax | +$3,332 | |
The rent covers the interest at rates up to 7.13%. That is 2.6% a year on a $126k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area91 m²
- Decade built1910s
- Bedrooms2
- Bathrooms1
- Parking1 car space
- Property categoryUse not published
- CouncilWhanganui District
- Valuation #13100-14500
- Valuation date1 Sep 2025
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 numberWN254/288
- Title typeFreehold
- Legal descriptionLot 171 Deposited Plan 2484
- Land area412 m²
Owners and the parties to each instrument are not published on this page. Order the record of title to see them.
Listings
Selling this property, or the agent for it? Import the listing from your agency's site or a portal and it appears here, free: photos, price, open homes and your details, beside the council record buyers are already reading.
Building consents
We hold no building consents for this property yet. The council may hold records we have not seen.
If it is yours, claiming it puts the council record, the title and what it costs you to hold in one place — and lets you put your lending, insurance and power out to people who compete for them.
We check your name against the registered owner on the title before a claim is accepted. Nothing on this page changes for anyone else, and no provider is contacted until you ask.
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.
We do not hold flood maps for Whanganui District yet.
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 Castlecliff
Counts describe the records we hold for this territorial authority, not a market forecast. OwnBetter has no estimate for this property. Every council figure on this page can be checked against the council's own record.
Claim it, then find everything else you own.
A single search across NZ property records finds other titles in your name and in companies you are a director of. Most owners find at least one they had forgotten was held somewhere else.