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UnclaimedResidential

4 Sheridan Drive, Rolleston

Selwyn District

Negotiation

  • 4
  • 2
  • 3
  • 304m²
  • 2,160 m²
  • House
  • 1 Lounge
  • 1 Study / office
  • Ensuite
  • Separate toilet
  • 3 Garage
  • Ventilation system
Fencing
Fully fenced
Roof
Concrete tile
Water supply
Town
Sewage
City

3 car garaging on 2160 m2

If space, privacy and flexibility are high on your wish list, this substantial family home deserves your immediate attention. Set on an established 2,160m² section, the impressive 304m² residence offers exceptional proportions, multiple living areas and room for the whole family to thrive.

Step inside and discover soaring ceilings and a wonderful sense of openness throughout. At the heart of the home, the sun-filled kitchen provides extensive bench space and captures the morning light. It connects seamlessly with the open-plan dining and living area, where French doors open onto an expansive north-west-facing patio - an inviting setting for summer entertaining, weekend barbecues and relaxed evenings outdoors.

A log fire creates warmth and ambience during the cooler months, while the separate lounge offers a quiet retreat for movie nights, entertaining or simply unwinding. Practical features include a separate laundry and a dedicated study nook, ideal for working from home, homework or keeping family life organised.

Four generous bedrooms provide plenty of space for growing families and overnight guests. The oversized three-car garage, complete with drive-through access, is a standout for car enthusiasts, tradies or anyone needing extra room for tools, toys and storage.

Tucked away from the bustle of the town centre, this peaceful setting delivers a relaxed lifestyle without sacrificing convenience. Brookside Park, transport links and local amenities are all within easy reach.

Homes offering this combination of land, scale, garaging and family versatility are not easy to find. If you've been waiting for more room to live, work, entertain and grow, now is the time to act. The owners are ready to move forward - inspect today and make this impressive property yours!

Rent estimate · 20 Oct 2026
$740 – $980/week
Most likely about $850 a week · Little evidence: a rough guide
Estimated rental yield
3.6%
What is rental yield?

Gross rental yield is a year’s rent as a share of what the property is worth: $850 × 52 weeks = $44,200, against the council valuation of $1,240,000. It is before rates, insurance, maintenance, management and vacancies, so what an owner keeps (the net yield) is lower.

How we worked this out
EvidencePoints toCounted
2 rentals advertised nearby each adjusted to this property’s bedrooms and value$8745%
From its value what rentals in the area typically yield$84795%

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
AddressBedsAskedAs this oneWhenAway
3 Harness Wayrealestate.co.nz ↗3$670$874Oct 20263.1 km
30A Finn Avenuerealestate.co.nz ↗4$620$638Oct 20263.4 km

These are computer-generated guides only, not a rental appraisal.

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

4 Sheridan Drive as a rental

Rent estimate$850/wk$740–$980 · Little evidence
Gross yield3.6%$44,200 a year on $1.24m
Net yield2.9%After $7,820 of costs
Cash flow−$302/wk30% deposit, interest only at 6.00%
Line
Price Council valuation
Deposit
Interest rate
Rent a week our estimate $850
Property manager
Rent, 52 weeks$44,200
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$36,380
Interest $868,000 at 6.00%, interest only−$52,080
Cash flow before tax−$15,700
Cash flow a week−$302
Gross / net yield on the price3.6% / 2.9%
Return on equity cash flow on the deposit, before tax−4.2%
Loses money above this interest rate, before tax4.19%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 4.19%. That is -4.2% a year on a $372k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area300 m²
  • Land area2,160 m²
  • Property categoryRD200B
  • Zoning (valuer’s record)9A
  • CouncilSelwyn District
  • Valuation #24055-35720
  • 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 number217762
  • Title typeFreehold
  • Legal descriptionLot 120 Deposited Plan 352949
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.

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What claiming gets you
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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

48 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.

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