Asking Price $779,000
3 1 1
CALLING ALL INVESTORS!! MOTIVATED VENDORS
121B Grove Road, Papakura
Harcourts Howick
1 / 15
Unclaimed
61C Settlement Road, Papakura
Auckland
Asking Price $669,000
- 3
- 2
- 1
- 105m²
- 226 m²
- House
- 1 Garage
- Deck / patio
- Heat pump
- Fencing
- Fully Fenced
- Views
- City
- Insulation
- Ceiling
- Roof
- Concrete Tile
- Exterior
- Masonry Block/Brick
- Flooring
- Carpet, Vinyl
- Hot water
- Electric
- Water supply
- Town
- Sewage
- Mains
YOUR NEXT HOME COULD BE ONE OFFER AWAY!
All offers are Welcome!
If you've been waiting for the right opportunity to enter the property market or add a solid investment to your portfolio, this is one you won't want to miss.
Positioned in a convenient Papakura location, this well-maintained single-level brick and tile home combines low-maintenance living with modern comfort. Whether you're a first-home buyer, downsizer, or rental investor, this home ticks all the boxes.
Property Features:
• 3 generous bedrooms
• Master bedroom with ensuite
• 2 bathrooms
• Solid brick & tile construction
• Single internal-access garage
• Open-plan kitchen with excellent storage
• Spacious dining and living area
• Heat pump for year-round comfort
• Easy-care section requiring minimal maintenance
• Safe outdoor area for children and pets
Investor Alert
Currently tenanted at $625 per week, this property provides immediate rental income from day one. The combination of low-maintenance construction and a sought-after location makes it an attractive long-term investment.
Perfect for First-Home Buyers
Affordable homes offering this level of space, practicality, and location are becoming increasingly difficult to find. Move in and enjoy comfortable living while securing your future in one of Auckland's most accessible suburbs.
Location Highlights
Conveniently located close to:
• Papakura Town Centre
• Train Station & Public Transport
• SH1 Motorway Access
• Supermarkets & Shopping
• Cafés & Local Amenities
• Primary, Intermediate & Secondary Schools
• Parks & Recreational Facilities
Everything you need is just minutes away, making everyday living easy and convenient.
Vendor Motivation is Genuine
The owners have committed to their next move and have given clear instructions-this home is to be sold.
Don't wait for another buyer to secure this opportunity.
Contact today to arrange your private inspection:
Richie Singh: 021 261 4001
Hitesh Sodhi: 022 359 4091
PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru or RPNZ, Auckland Council (LIM), or Title documents. They have not been measured by the Salesperson or Harcourts, Ignite Realty Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.
Added to OwnBetter 30 Oct 2026
OwnBetter estimate
$666k
Medium confidence
We estimate it would sell for $666,000 as at 5 October 2026, in a range of $598,000 to $758,000.
Typical home in Papakura
$736k
The median of our estimates of its 10,012 homes
$598kLow
$666kEstimate
$710kCouncil value
$758kHigh
How we worked this out
| Council valuation, May 2024 | $710,000 |
|---|---|
| Market movement in Auckland since the council valuation | −4.8% |
| Apartments and houses in Auckland | +0.1% |
| How Papakura sells against council values | −1.8% |
| Homes of this age in Papakura | +0.3% |
| Homes in this price range | +0.7% |
| Land as a share of the value | +0.2% |
| Nearby recent sales (15) | −2.5% |
| Its own sale in 2021 | +1.7% |
| Our estimate | $666,000 |
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
61C Settlement Road as a rental
Rent estimate$620/wk$540–$720 · Little evidence
Gross yield4.8%$32,240 a year on $666k
Net yield4.0%After $5,704 of costs
Cash flow−$28/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $620 | ||
| Property manager | ||
| Rent, 52 weeks | $32,240 | |
| 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 | $26,536 | |
| Interest $466,200 at 6.00%, interest only | −$27,972 | |
| Cash flow before tax | −$1,436 | |
| Cash flow a week | −$28 | |
| Gross / net yield on the price | 4.8% / 4.0% | |
| Return on equity cash flow on the deposit, before tax | −0.7% | |
| Loses money above this interest rate, before tax | 5.69% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 5.69%. That is -0.7% a year on a $200k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area105 m²
- Land area226 m²
- Decade built2020s
- Bedrooms3
- Bathrooms2
- Parking1 car space
- Property categoryUse not published
- CouncilAuckland
- Valuation #35030-00000076103
- Valuation date1 May 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 number1022720
- Title typeFreehold
- Legal descriptionLot 3 Deposited Plan 566991
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
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.
Free. Takes about a minute.
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.
2Your lending in the pictureAdd what you owe, or connect the bank, and the equity and LVR stop being a calculation you redo by hand.
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 Papakura
Auckland
11,110
Properties on the rating roll
10 Jun 2026
Last council revaluation
Buyer demand
16 people looked at properties in Papakura 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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The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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