- 4
- 2
- 2
- 804 m²
- House
- 1 Lounge
- Ensuite
- Separate toilet
- 2 Garage
- Internal-access garage
- Heat pump
- Hot water
- Electric
- Water supply
- Town
- Sewage
- Mains
MOTIVATED OWNERS | SOLID BRICK | Future Potential
Copy and paste this link into your browser to view the property files:
https://www.propertyfiles.co.nz/property/991910004
Large land. Great location. Genuine opportunity.
Set on a generous 804sqm fully fenced and private section, this solid brick 4-bedroom, 2-bathroom home offers space that is becoming harder to find in Rolleston.
4 bedrooms | 2 bathrooms
Double internal-access garage
804sqm section
Zoned for Clearview Primary & Rolleston College
Minutes to SH1, Foster Park & Selwyn Sports Centre
Close to Rolleston's shops and amenities
The owners are out of town and are highly motivated to sell.
If you're looking for a spacious family home with a large section in a great Rolleston location, don't miss this one.
Come and view - this could be the opportunity you've been waiting for.
Please be aware that this information may have been sourced from RPNZ / Property Smarts / Land Information New Zealand / Selwyn District Council / CERA and we have not been able to verify the accuracy of the same.
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $680 × 52 weeks = $35,360, against the council valuation of $840,000. 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 | $525 | 10% |
| From its value what rentals in the area typically yield | $697 | 90% |
We read this property as a house with 4 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 |
|---|---|---|---|---|---|
| 30A Finn Avenuerealestate.co.nz ↗ | 4 | $620 | $525 | Oct 2026 | 2.0 km |
| 3 Harness Wayrealestate.co.nz ↗ | 3 | $670 | $834 | Oct 2026 | 2.3 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.
279 Lincoln Rolleston Road as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $680 | ||
| Property manager | ||
| Rent, 52 weeks | $35,360 | |
| 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 | $29,104 | |
| Interest $588,000 at 6.00%, interest only | −$35,280 | |
| Cash flow before tax | −$6,176 | |
| Cash flow a week | −$119 | |
| Gross / net yield on the price | 4.2% / 3.5% | |
| Return on equity cash flow on the deposit, before tax | −2.5% | |
| Loses money above this interest rate, before tax | 4.95% | |
The rent covers the interest at rates up to 4.95%. That is -2.5% a year on a $252k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area182 m²
- Land area804 m²
- Bedrooms4
- Property categoryRD202B
- Zoning (valuer’s record)9A
- CouncilSelwyn District
- Valuation #24057-63600
- 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 number922468
- Title typeFreehold
- Legal descriptionLot 2 Deposited Plan 544354
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
47 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.