Tender
4 1 6
Tender closes Thu, 12 Nov
Ruby Bay - Lifestyle / Subdivision Opportunity
31 Korepo Road, Ruby Bay
Mapua
1 / 38
Unclaimed
16 Crusader Drive, Ruby Bay
Māpua · Tasman District
Deadline Sale
- 4
- 2
- 5
- 275m²
- 2,800 m²
- Lifestyle property
- 1 Lounge
- 1 Study / office
- 1 Family room
- Ensuite
- Separate toilet
- Separate laundry
- 2 Garage
- 3 Off-street parks
- Deck / patio
- Underfloor heating
- Fencing
- Partially Fenced
- Views
- Sea, Urban
- Aspect
- Northerly
- Insulation
- Ceiling, Walls
- Roof
- Coloured Steel, Long Run
- Exterior
- Weatherboard Composite
- Flooring
- Carpet, Tiles, Vinyl
- Hot water
- Electric
- Water supply
- Town
- Sewage
- Mains
Classic Colonial Beauty in Ruby Bay, Mapua
Introducing a captivating colonial style gem, built in 2003, in arguably, the best location in Ruby Bay, Mapua.
This spacious 275 sqm, 4 bedroom, 2 bathroom residence set on a 2800 sqm section, at the head of a cul-de-sac, combines timeless elegance with modern comforts.
With it's picturesque facade and meticulously landscaped grounds, this stunning home offers the perfect blend of charm and functionality.
Step inside the grand entranceway to discover a gracious interior filled with natural light, gourmet kitchen with granite benches, and a stunning large open plan living area that flows seamlessly onto the sun drenched deck with sweeping views out towards Tasman Bay. An elevated covered gazebo with views out to the bay providing a beautiful option to the deck.
Tranquility, privacy and peace and quiet are ever present here, while the added bonus of backing onto farmland provides a rural feel.
The master bedroom occupies its own wing with ensuite, walk-in wardrobe and a separate nursery that easily doubles as an office or dressing room, while at the other end of the house you will find two additional large double bedrooms that share the main bathroom.
Heating for those cooler evenings is provided by a cozy wood burner and 3 heat pumps strategically placed to ensure the entire home is kept warm.
The lush lawns, shrubs, fruit trees and garden oasis provides a serene escape while the nearby amenities of iconic Mapua, with its restaurants, cafes, shops and waterfront ensure convenience and coastal living at its finest. Ruby Bay beach is just a 5-minute walk away, while Richmond and Motueka are an easy 15-minute drive.
A large double garage with internal access, separate laundry and an abundance of off-street parking completes the appeal.
Don't miss the chance to call this beautifully maintained colonial style house your forever home. With new interior paint this property is a must see, call Terry or Gio today to view.
Deadline Sale: 24 Nov, 5pm (Unless Sold Prior)
Open homes 1
Sun, 15 Nov1:00 pm – 1:45 pm
Added to OwnBetter 9 Nov 2026
OwnBetter estimate
$1.47m
Medium confidence
We estimate it would sell for $1,470,000 as at 5 October 2026, in a range of $1,320,000 to $1,670,000.
Typical home in Ruby Bay
$1.24m
The median of our estimates of its 359 homes
$1.32mLow
$1.47mEstimate
$1.51mCouncil value
$1.67mHigh
How we worked this out
| Council valuation, Sept 2023 | $1,510,000 |
|---|---|
| Market movement in Tasman District since the council valuation | +2.0% |
| How Ruby Bay sells against council values | −3.9% |
| Homes of this age in Ruby Bay | −0.7% |
| Homes in this price range | −2.6% |
| Land as a share of the value | −0.3% |
| Nearby recent sales (15) | −0.6% |
| Its own sale in 2023 | +3.4% |
| Our estimate | $1,470,000 |
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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Sign in for the free reportHome 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.
Investor insights
16 Crusader Drive as a rental
Rent estimate$920/wk$800–$1,060 · Little evidence
Gross yield3.3%$47,840 a year on $1.47m
Net yield2.7%After $8,464 of costs
Cash flow−$430/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $920 | ||
| Property manager | ||
| Rent, 52 weeks | $47,840 | |
| 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 | $39,376 | |
| Interest $1,029,000 at 6.00%, interest only | −$61,740 | |
| Cash flow before tax | −$22,364 | |
| Cash flow a week | −$430 | |
| Gross / net yield on the price | 3.3% / 2.7% | |
| Return on equity cash flow on the deposit, before tax | −5.1% | |
| Loses money above this interest rate, before tax | 3.83% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 3.83%. That is -5.1% a year on a $441k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area275 m²
- Land area2,800 m²
- Decade built2000s
- Bedrooms4
- Bathrooms2
- Parking6 car spaces
- Property categoryUse not published
- CouncilTasman District
- Valuation #19380-12323
- Council Property ReportView the council’s report
- Valuation date1 Sep 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 numberNL13B/1276
- Title typeFreehold
- Legal descriptionLot 23 Deposited Plan 20241
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.
Unclaimed
Nobody is tracking this property yet
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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.
What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
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3Providers compete for itPut the mortgage, the insurance and the power out to people who want the business — on your terms, when you ask.
4Everything else you ownOne search finds other titles in your name and in companies you are a director of.
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 Ruby Bay
Tasman District
403
Properties on the rating roll
1 Sep 2023
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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The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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