Built Date: 1991
7/11 Pitt Street, Maitai, Nelson
Estimate$492K
2Beds
1Baths
56m²Floor area
Key Facts
Beds2
Baths1
Parking1
Type of titleCross-Lease
Property TypeResidential - Dwelling
Floor area56m²
Decade of construction1991
Building ConditionExternal Walls: Good
Roof: Good
Land Slope / ContourLevel
CouncilNelson
Property Valuation
Shows the current estimate range with confidence
Last update: Jul, 2026Data Disclaimer
Estimate accuracy
$465K
Low
$485K
CV(Sep, 2024)
Estimate
$492K
Mid
$520K
High
Investment Potential
July 2026, the predicted sale price for this property is $ 492k. We believe the core competitive strengths of this property include a favorable land use, a more recent construction year, and a favorable dwelling type. Overall, this estimate is slightly lower than recent transaction levels for homes with the same bedroom count in the same suburb.
Last update: Jun, 2026
Estimate accuracy
$496/per week
Low
Rental Forecast
$540/per week
Mid
$610/per week
High
Investment Potential
The predicted weekly rent is $540 (with a forecast range of $496-$610, approximately equivalent to a monthly rent of $2,340). The rent for this property is approximately 21% lower than the neighborhood average rent ($681/week), offering excellent value.
Nearby sales
Recent sales within a set radius; tap for details
Sales & Listing History
Timeline of sales, listings and price and historial photos changes
Development Potential
Zoning rules, flooding zone, height/coverage limits and services
Type of titleCross-Lease
Land Slope / ContourLevel
Estate descriptionFSIM,1/10,LOT 2 DEPOSITED PLAN 5537 AND PART DEPOSITED PLAN 914,2486m2
Property TypeResidential - Dwelling
Council & Valuation
CV, rates, land size, zoning and title details
Basic Info
Type of titleCross-LeaseShared land ownership under cross-lease structure; alterations may require co-owner consent.
CouncilNelsonThe property is governed by the relevant local council, whose planning rules and controls apply.
Decade of construction1991
TitleNL9B/1217
Legal descriptionFLAT 7 DP 15055 ON PT DP 914 LOT 2 DP 5537 HAVING 1/10 INT IN 2486 SQ METRES
Estate descriptionFSIM,1/10,LOT 2 DEPOSITED PLAN 5537 AND PART DEPOSITED PLAN 914,2486m2
Property TypeResidential - Dwelling
Highlights
View typeNo appreciable viewNo defined focal outlook; value depends on layout, light, etc.
Land Slope / ContourLevelLevel land; easier construction and daily use.
Restrictions
Floor area56m²Compact dwelling suitable for small households or rental use.
Building ConditionExternal Walls: Good
Roof: Good
ConstructionExternal Walls: Fibrous Cement
Roof: Tiles
Roof: Good
Roof: Tiles
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