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UnclaimedResidential

20 Sheridan Drive, Rolleston

Selwyn District

$980,000

  • 4
  • 2
  • 2
  • 235m²
  • 1,206 m²
  • House
  • 1 Lounge
  • Ensuite
  • Separate toilet
  • Separate laundry
  • 2 Garage
  • Internal-access garage
  • Boat parking
  • Garden shed
  • Heat pump
  • Air conditioning
  • Underfloor heating
  • Alarm
Insulation
Ceiling, Walls
Hot water
Gas
Water supply
Town
Sewage
Mains

The 1/4 Acre Kiwi Dream

To download the property files, copy and paste this link into your browser: https://www.propertyfiles.co.nz/property/L42299112

Located in the popular Kajen Country Estates Subdivision and set on a generous 1,206sqm section, 20 Sheridan Drive offers the space and lifestyle that's increasingly hard to find. Built in 2007, this spacious 235sqm home offers four bedrooms and two bathrooms, including a master bedroom with ensuite. A double attached garage, generous driveway, and additional off-street parking provide plenty of space for vehicles.

The heart of the home is the open-plan kitchen, dining and living area, designed to capture all-day sun and create a warm, welcoming space for family living. Underfloor heating, a heat pump and fireplace provide year-round comfort.

Outside, the expansive lawn and established gardens offer plenty of room for children, pets and entertaining, with a generous deck and enclosed pergola creating the perfect setting for relaxed outdoor living.

A separate laundry with external access adds everyday convenience, while the location places you close to Brookside Park and within a growing part of Rolleston, surrounded by an established community and ongoing development.

Large sections like this are becoming increasingly rare, here's your chance to secure the 1/4 acre dream, with space to live, grow and enjoy.

We look forward to welcoming you at an upcoming open home.

OwnBetter estimate
$1.04m
Medium confidence

We estimate it would sell for $1,040,000 as at 5 October 2026, in a range of $892,000 to $1,190,000.

Typical home in Rolleston
$799k
The median of our estimates of its 12,830 homes
How we worked this out
Council valuation, Sept 2024$1,000,000
Market movement in Selwyn District since the council valuation+2.9%
How Rolleston sells against council values−0.9%
Homes of this age in Rolleston+0.9%
Homes in this price range−0.3%
Land as a share of the value+0.9%
Nearby recent sales (15)+0.7%
Our estimate$1,040,000

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

20 Sheridan Drive as a rental

Rent estimate$765/wk$660–$880 · Little evidence
Gross yield3.8%$39,780 a year on $1.04m
Net yield3.1%After $7,038 of costs
Cash flow−$210/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
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 $728,000 at 6.00%, interest only−$43,680
Cash flow before tax−$10,938
Cash flow a week−$210
Gross / net yield on the price3.8% / 3.1%
Return on equity cash flow on the deposit, before tax−3.5%
Loses money above this interest rate, before tax4.50%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 4.50%. That is -3.5% a year on a $312k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area235 m²
  • Land area1,206 m²
  • Decade built2000s
  • Bedrooms4
  • Bathrooms2
  • Property categoryRD200B
  • Zoning (valuer’s record)9A
  • CouncilSelwyn District
  • Valuation #24055-35743
  • 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 number278435
  • Title typeFreehold
  • Legal descriptionLot 143 Deposited Plan 367715
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 Rolleston

Selwyn District
15,261
Properties on the rating roll
1 Sep 2024
Last council revaluation
Buyer demand

47 people looked at properties in Rolleston 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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