Asking Price $1,050,000
3 2 2
MORE THAN MEETS THE EYE!
2 Carnation Lane, Prebbleton
Harcourts Halswell
Aerial · LINZ aerial
- 3
- 2
- 2
- 173m²
- 545 m²
- House
- 1 Lounge
- 1 Dining room
- Ensuite
- Separate laundry
- 2 Garage
- Internal-access garage
- Underfloor heating
- Alarm
- Hot water
- Electric
- Water supply
- Town
- Sewage
- Mains
Brand New & Reserved for You!
Download the property information pack using the link below:
https://www.propertyfiles.co.nz/property/WGM4728
Sharp-looking and brand new, this stunning home is nestled in a peaceful reserve-side setting in the highly sought-after Prebbleton area. Just moments from the thriving Prebbleton Village and an easy commute to the CBD, it combines the best of country charm and urban convenience.
Built to an exceptional standard by multi-award-winning Greenland Homes, this home showcases contemporary design, premium finishes, and quality craftsmanship. It is also backed by a 10-Year Master Builders Guarantee for added peace of mind.
From the moment you step through the impressive double-door entrance, you'll notice the difference:
• Light-filled open-plan kitchen, dining and living areas flowing seamlessly to a sheltered deck and north-facing backyard overlooking the reserve.
• Designer kitchen with ample benchtop space, striking fluted cabinetry, Bosch appliances and a walk-in pantry.
• High 2.55m ceilings throughout, a feature cathedral ceiling in the lounge and 2.2m-high doors create a wonderful sense of space and light.
• Three oversized bedrooms, including a built-in study nook.
• Luxurious ensuite and family bathroom featuring premium-quality vanities and tapware.
• Mitsubishi fully ducted central heating, plus underfloor heating in both bathrooms.
• Fully insulated and carpeted garage with attic storage and a pull-down ladder.
• Professionally landscaped, easy-care grounds for relaxed living and minimal upkeep.
• Full security alarm system for added protection and reassurance.
This is a home that offers more than impressive specifications, it delivers a lifestyle of comfort, quality, and confidence. Every detail has been carefully considered, allowing you to simply move in and enjoy
Don't miss this opportunity to secure a premium new home from one of Canterbury's most respected builders. Act now!
*Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same.
Rent estimate · 12 Oct 2026
$660 – $880/week
Most likely about $765 a week · Little evidence: a rough guide
Estimated rental yield
3.9%
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $765 × 52 weeks = $39,780, against the council valuation of $1,010,000. 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 |
|---|---|---|
| 1 rental advertised nearby each adjusted to this property’s bedrooms and value | $798 | 1% |
| From its value what rentals in the area typically yield | $764 | 99% |
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.
Rentals it leaned on
| Address | Beds | Asked | As this one | When | Away |
|---|---|---|---|---|---|
| 20 Dray Placerealestate.co.nz ↗ | 3 | $790 | $798 | Oct 2026 | 5.5 km |
These are computer-generated guides only, not a rental appraisal.
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
15 Appledore Street as a rental
Rent estimate$765/wk$660–$880 · Little evidence
Gross yield3.9%$39,780 a year on $1.01m
Net yield3.2%After $7,038 of costs
Cash flow−$186/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $765 | ||
| Property manager | ||
| Rent, 52 weeks | $39,780 | |
| 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 | $32,742 | |
| Interest $707,000 at 6.00%, interest only | −$42,420 | |
| Cash flow before tax | −$9,678 | |
| Cash flow a week | −$186 | |
| Gross / net yield on the price | 3.9% / 3.2% | |
| Return on equity cash flow on the deposit, before tax | −3.2% | |
| Loses money above this interest rate, before tax | 4.63% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 4.63%. That is -3.2% a year on a $303k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area173 m²
- Land area545 m²
- Property categoryRD202B
- Zoning (valuer’s record)9A
- CouncilSelwyn District
- Valuation #23552-32536
- 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 number1220495
- Title typeFreehold
- Legal descriptionLot 35 Deposited Plan 613328
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)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 Prebbleton
Selwyn District
2,889
Properties on the rating roll
1 Aug 2025
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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