Enquiries Over $375,000
3 1 2
Space, practicality & potential!
58 Harris Street, Waimate
LJ Hooker Waimate
1 / 3
Unclaimed
14 Mill Road, Waimate
Waimate District
$250,000
- 974 m²
- Residential
Build New on a Generous 974m2 Section
An exciting opportunity has come to market, a covenant-free, spacious 974m2 residential section, ready and waiting for your new build.
The existing dwelling has been demolished, saving you time and cost, and all services are already on the section-making this an ideal blank canvas to bring your vision to life. Whether you're planning a family home, an investment build, or a bespoke design, the groundwork has been done.
With ample space to design, landscape, and create something truly special, this section offers flexibility and potential in a residential setting.
Opportunities like this are increasingly rare-secure your future build today.
Disclaimer:
Please note, general property details are sourced from property data software and local council records and we may not have been able to verify the accuracy of some information. All intending purchasers are advised to conduct their own due diligence investigations. Enting Real Estate Limited Licensed (REAA 2008).
Added to OwnBetter 25 Oct 2026
OwnBetter estimate
$220k
Medium confidence
We estimate it would sell for $220,000 as at 5 October 2026, in a range of $197,000 to $250,000.
Typical home in Waimate
$433k
The median of our estimates of its 2,135 homes
$197kLow
$200kCouncil value
$220kEstimate
$250kHigh
How we worked this out
| Council valuation, Jun 2025 | $200,000 |
|---|---|
| Market movement in Waimate District since the council valuation | +0.7% |
| Apartments and houses in Waimate District | +0.2% |
| How Waimate sells against council values | +0.1% |
| Homes of this age in Waimate | −0.7% |
| Homes in this price range | +1.3% |
| Land as a share of the value | −0.4% |
| Nearby recent sales (15) | +0.2% |
| Its own sale in 2021 | +8.5% |
| Our estimate | $220,000 |
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
Sign in to rate this property, keep private notes on it and record what you think it is worth. Only you see them.
Thinking of buying?Free pre-purchase running cost report Mortgage repayments, this year’s council rates, and estimates for insurance, electricity, gas and internet at this address — saved to your watchlist.
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
14 Mill Road as a rental
Rent estimate$410/wk$350–$470 · Little evidence
Gross yield9.7%$21,320 a year on $220k
Net yield8.0%After $3,772 of costs
Cash flow+$160/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $410 | ||
| Property manager | ||
| Rent, 52 weeks | $21,320 | |
| 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 | $17,548 | |
| Interest $154,000 at 6.00%, interest only | −$9,240 | |
| Cash flow before tax | +$8,308 | |
| Cash flow a week | +$160 | |
| Gross / net yield on the price | 9.7% / 8.0% | |
| Return on equity cash flow on the deposit, before tax | 12.6% | |
| Loses money above this interest rate, before tax | 11.39% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 11.39%. That is 12.6% a year on a $66k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area160 m²
- Land area974 m²
- Decade built1910s
- Bedrooms3
- Bathrooms1
- Property categoryUse not published
- CouncilWaimate District
- Valuation #25220-12100
- Valuation date1 Jun 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 numberCB176/68
- Title typeFreehold
- Legal descriptionSection 591 Town of Waimate
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 how big a house this section takes at one, two and three storeys, inside the zone’s yards and height rules. Then ask builders to price the shape you pick.
About Waimate
Waimate District
2,767
Properties on the rating roll
10 Jun 2026
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.
Like Waimate?
Find your perfect home
Offers Over $495,000
3 1 0
Rural charm, family space
14 High Street, Waimate
Property Brokers
$480,000
3 1 2
Character and charm
4 Belt Street, Waimate
Bayleys Waimate
$325,000
2 1 1
Handy location, packed with potential
28 Leonard Street, Waimate
Bayleys Waimate
Offers Over $385,000
4 1 2
Character home with huge potential
28 Parsonage Road, Waimate
Bayleys Waimate
Enquiries Over $495,000
3 1 3
Space, sun & easy living!
45 Harris Street, Waimate
LJ Hooker Waimate
Enquiries Over $650,000
3 1 4
Half-acre haven with room to roam
30 Timaru Road, Waimate
LJ Hooker Waimate
Enquiries Over $525,000
2 1 5
Highway Haven -
2506 Waimate Highway, Waimate
Harcourts Waimate
Enquiries Over $675,000
3 1 4
The Perfect Downsizer -
24 Cameron Street, Waimate
Harcourts Waimate
Offers Over $400,000
2 1 1
Brick and double glazed two bedroom home
15 Point Bush Road, Waimate
Bayleys Waimate
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
Free for property owners
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.