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UnclaimedResidential

5 Eilken Lane, Lincoln

Selwyn District

Enquiries Over $769,000

  • 3
  • 2
  • 2
  • 154m²
  • 478 m²
  • House
  • 1 Lounge
  • Ensuite
  • 2 Garage
  • Heat pump
Fencing
Fully fenced
Roof
Colorsteel
Hot water
Electric
Water supply
Town
Sewage
City

Reserve Out Back, Village Up the Road

PROPERTY FILES: https://propertyfiles.co.nz/property/5EilkenLane

Privately positioned within the sought-after Flemington subdivision, this 2021-built home offers an easy-care lifestyle in one of Lincoln's most convenient pockets. Whether you're taking your first step into the Lincoln market, downsizing without compromise, or adding a low-maintenance investment to your portfolio, 5 Eilken Lane ticks the boxes.

Set on a 478sqm section, the home's rear boundary opens directly onto a reserve, giving the property a wonderful sense of space and drawing in the afternoon sun. Inside, the generous open-plan living area comfortably accommodates a full dining setting and a large sofa, and flows seamlessly out to the rear yard for easy indoor-outdoor living. A heat pump keeps this space comfortable year-round.

The kitchen is well appointed with quality Bosch appliances, including dishwasher and cooktop, finished with sleek acrylic benchtops.

The master bedroom features its own ensuite and walk-in robe, while the two remaining bedrooms are well serviced by the family bathroom, complete with bath. An internal-access double garage and a large driveway provide ample parking for the whole family.

Location is a real highlight. You're just minutes from the Flemington Reserve walkway and under 1km from the Rosemerryn hub, with its restaurants, cafes, gym, Pilates studio and hair salon. Lincoln village is also within walking distance, and the home is zoned for the popular Lincoln Primary School.

For a private viewing and/or a full information pack on this listing please contact Rowan Shepherd on [email protected] or Georgina Christie on [email protected]

Open homes 1

Sun, 8 Nov12:00 pm – 12:30 pm
.ics
OwnBetter estimate
$774k
Medium confidence

We estimate it would sell for $774,000 as at 5 October 2026, in a range of $662,000 to $880,000.

Typical home in Lincoln
$911k
The median of our estimates of its 3,949 homes
How we worked this out
Council valuation, Sept 2024$750,000
Market movement in Selwyn District since the council valuation+2.9%
How Lincoln sells against council values+0.8%
Homes of this age in Lincoln+0.2%
Homes in this price range−0.5%
Land as a share of the value−0.5%
Nearby recent sales (15)+0.2%
Our estimate$774,000

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 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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What it costs to live here

Home expense estimates

—a month, all in

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

5 Eilken Lane as a rental

Rent estimate$670/wk$580–$770 · Little evidence
Gross yield4.5%$34,840 a year on $774k
Net yield3.7%After $6,164 of costs
Cash flow−$74/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $670
Property manager
Rent, 52 weeks$34,840
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$28,676
Interest $541,800 at 6.00%, interest only−$32,508
Cash flow before tax−$3,832
Cash flow a week−$74
Gross / net yield on the price4.5% / 3.7%
Return on equity cash flow on the deposit, before tax−1.7%
Loses money above this interest rate, before tax5.29%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.29%. That is -1.7% a year on a $232k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area154 m²
  • Land area478 m²Boundary measures 1,080 m²
  • Decade built2020s
  • Bedrooms3
  • Bathrooms2
  • Property categoryRD202B
  • Zoning (valuer’s record)9A
  • CouncilSelwyn District
  • Valuation #24042-54335
  • 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 number919810
  • Title typeFreehold
  • Legal descriptionLot 3006 Deposited Plan 543882; Lot 651 Deposited Plan 543882
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

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Building consents

We hold no building consents for this property yet. The council may hold records we have not seen.

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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)9A

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 Lincoln

Selwyn District
5,907
Properties on the rating roll
1 Aug 2025
Last council revaluation
Buyer demand

26 people looked at properties in Lincoln 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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