Deadline Sale
4 1 2
Deadline sale Mon, 2 Nov
Strategic Kirwee Landholding
2494 West Coast Road, Kirwee
Property Brokers
Aerial · LINZ aerial
- 3
- 2
- 2
- 159m²
- 12.3 ha
- Lifestyle with dwelling
Lifestyle, location and land
Discover an outstanding 12.3176 ha large lifestyle property located at Courtenay, combining productive land, comfortable living and easy access to Christchurch.
The well-presented three-bedroom brick home is positioned for all-day sun and offers relaxed, practical living. At its heart is an open-plan kitchen, dining and living area, opening into a patio with expansive rural outlook and mountain views.
Accommodation includes three generous bedrooms, with the master featuring an ensuite, complemented by a well-appointed family bathroom. Full insulation, double glazing, a heat pump and internal-access garaging ensure year-round comfort and convenience.
The real strength here is the land, set across 12.3176 ha of productive Barrhill sandy loams, regarded as some of Canterbury’s most versatile agricultural soils, the property offers genuine flexibility. Whether it’s grazing, cropping, horticulture, equestrian use or simply space for the family to spread out, there is plenty of scope to make it your own.
Just minutes from Kirwee and within comfortable commuting distance of Christchurch, this is a compelling combination of quality land, a comfortable home and genuine rural lifestyle appeal.
Our vendors are motivated and committed to achieving a sale — inspection is highly recommended.
Sale Price + GST (if any).
To request the property files for this property, please copy and paste the following link into your browser: https://www.propertybrokers.co.nz/lifestyle/sale/2217-old-west-coast-road-kirwee-selwyn
Rent estimate · 26 Oct 2026
$740 – $980/week
Most likely about $855 a week · Little evidence: a rough guide
Estimated rental yield
3.5%
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $855 × 52 weeks = $44,460, against the council valuation of $1,260,000. 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 | $854 | 100% |
We read this property as a house. 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.
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
2217 Old West Coast Road as a rental
Rent estimate$855/wk$740–$980 · Little evidence
Gross yield3.5%$44,460 a year on $1.26m
Net yield2.9%After $7,866 of costs
Cash flow−$314/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $855 | ||
| Property manager | ||
| Rent, 52 weeks | $44,460 | |
| 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 | $36,594 | |
| Interest $882,000 at 6.00%, interest only | −$52,920 | |
| Cash flow before tax | −$16,326 | |
| Cash flow a week | −$314 | |
| Gross / net yield on the price | 3.5% / 2.9% | |
| Return on equity cash flow on the deposit, before tax | −4.3% | |
| Loses money above this interest rate, before tax | 4.15% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 4.15%. That is -4.3% a year on a $378k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area159 m²
- Land area12.3 ha
- Property categoryLI200B
- Zoning (valuer’s record)1B
- CouncilSelwyn District
- Valuation #24190-14001
- Valuation date1 Sep 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 numberCB343/220
- Title typeFreehold
- Legal descriptionLot 2 Deposited Plan 6343
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.
Zoning (rating roll)1B
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 Kirwee
Selwyn District
817
Properties on the rating roll
1 Sep 2024
Last council revaluation
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.
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Free for property owners
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