- 3
- 2
- 2
- 291m²
- 746 m²
- House
- Ensuite
- Separate toilet
- 2 Garage
- Garden shed
- Fencing
- Fully fenced
- Hot water
- Electric
- Water supply
- Town
- Sewage
- City
Rolleston's 3-Bedroom Heavyweight.
Secure a one-of-a-kind Rolleston home that would cost far more to build today.
24 Gracia Avenue is on the market to be sold to one lucky buyer... will it be yours?
Ticking every box - well oversized bedrooms, separate media room/office/spare room, room for the boat, caravan and toys, maximum street appeal, rarity, practical luxury, and 291m2 of premium living. Perfectly positioned on a 746m² section overlooking the neighborhood park, it combines high-end finishes, thoughtful layout, and family-friendly features that are a rare find in Rolleston.
Key features include:
• Full-height vaulted ceiling, masonry brick cladding, mono-pitch roof + floor-to-ceiling windows • Expansive open-plan living and dining area, plus separate second lounge for flexible family spaces • Chef's kitchen with premium appliances, stone bench tops, plumbed fridge space plus large scullery • Master suite with walk-in robe, tiled ensuite with underfloor heating, and private deck • Two heat pumps plus log burner and thermally broken joinery for year-round comfort • Tiled family bathroom with underfloor heating + separate toilet • Private, fully landscaped and fenced backyard - easy-care and perfect for entertaining • 7 x 7m double garage, extra driveway parking, and separate tool shed • Close to schools, parks, shopping, and motorway access • Registered valuation available in the property files
If your priorities go beyond just bedrooms and bathrooms - then this is for you!
For a private viewing and/or a full information pack on this listing please contact Big Red on [email protected] or Nicole King on [email protected]
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $780 × 52 weeks = $40,560, against the council valuation of $1,040,000. 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 |
|---|---|---|
| 2 rentals advertised nearby each adjusted to this property’s bedrooms and value | $800 | 13% |
| From its value what rentals in the area typically yield | $776 | 87% |
We read this property as a house with 3 bedrooms. 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.
| Address | Beds | Asked | As this one | When | Away |
|---|---|---|---|---|---|
| 3 Harness Wayrealestate.co.nz ↗ | 3 | $670 | $800 | Oct 2026 | 2.1 km |
| 30A Finn Avenuerealestate.co.nz ↗ | 4 | $620 | $504 | Oct 2026 | 1.8 km |
These are computer-generated guides only, not a rental appraisal.
Sign in to rate this property, keep private notes on it and record what you think it is worth. Only you see them.
Home 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.
24 Gracia Avenue as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $780 | ||
| Property manager | ||
| Rent, 52 weeks | $40,560 | |
| 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 | $33,384 | |
| Interest $728,000 at 6.00%, interest only | −$43,680 | |
| Cash flow before tax | −$10,296 | |
| Cash flow a week | −$198 | |
| Gross / net yield on the price | 3.9% / 3.2% | |
| Return on equity cash flow on the deposit, before tax | −3.3% | |
| Loses money above this interest rate, before tax | 4.59% | |
The rent covers the interest at rates up to 4.59%. That is -3.3% a year on a $312k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area291 m²
- Land area746 m²
- Bedrooms3
- Property categoryRD202B
- Zoning (valuer’s record)9A
- CouncilSelwyn District
- Valuation #24057-3400
- 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 number829509
- Title typeFreehold
- Legal descriptionLot 87 Deposited Plan 521725
Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.
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.
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.
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.
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.
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
38 people looked at properties in Rolleston this week.
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.
Claim it, then find everything else you own.
A single search across NZ property records finds other titles in your name and in companies you are a director of. Most owners find at least one they had forgotten was held somewhere else.