Deadline Sale
4 2 2
Deadline sale Fri, 6 Nov
Space and comfort – Your perfect family home
56 Ledbury Drive, Rolleston
Property Brokers
1 / 32
- 3
- 2
- 2
- 174m²
- 699 m²
- House
- 1 Lounge
- 1 Study / office
- 1 Family room
- Ensuite
- 2 Garage
- Garden shed
- Heat pump
- Fencing
- Fully fenced
- Exterior
- Weatherboard
- Hot water
- Electric
- Water supply
- Town
- Sewage
- City
Clearview Zoned, Privately Positioned
Looking for Clearview School zoning, established gardens and room for the family? Tucked away on a generous 699m² rear section, 5 Reuben Avenue brings these together with two living areas and a home that has been loved and looked after from new.
Built for the current owners, the approximately 174m2; north-facing home offers a thoughtful layout, beautifully presented grounds in a private setting.
At its heart, the family-sized kitchen with walk-in pantry connects with the open-plan dining and living area, keeping everyone together while meals are prepared and everyday life unfolds. Stacker doors lead to the paved patio for easy outdoor entertaining. A separate lounge gives everyone options - gather for a movie, give the children their own space or settle in for a quiet evening.
Three bedrooms include a master with a tiled ensuite, complemented by a family bathroom and toilet. A study/office nook provides a practical spot for working from home, homework or keeping life organised without taking over a bedroom. The 2.8-metre ceilings enhance the sense of space, while solar panels and a dedicated in-house water filtration system add to the home's thoughtful extras.
Outside, the private, sheltered garden weaves itself into everyday living, with established hedging, colourful planting and a generous lawn creating an inviting setting for outdoor enjoyment. The patio offers a lovely spot for morning coffee, summer barbecues or evenings spent catching up with friends. There's also space for a spa pool to complete your outdoor retreat. The fully fenced grounds give children and pets room to play, with plenty for keen gardeners to enjoy. A double garage, wide driveway with generous parking and a garden shed complete the practical picture.
Zoned for Clearview Primary School, this home has plenty to offer families looking to put down roots. Parks, recreational facilities, shops and everyday amenities are within easy reach, while easy access to the motorway and main roads keeps you connected for commuting and trips further afield.
**The details:**
• Three bedrooms, including a master with tiled ensuite • Open-plan kitchen, dining and living, plus a separate lounge • Walk-in pantry • Study/office nook • Family bathroom and toilet • North-facing aspect and 2.8-metre ceilings • Double garage and wide driveway with generous parking • Paved patio for outdoor entertaining • Fully fenced 699m2; rear section with established gardens and a garden shed • Solar panels and an in-house water filtration system • Clearview Primary School zoning
The current owners have taken real pride in their home, and it shows. Now it's time for another family to enjoy the space, privacy and lifestyle on offer at 5 Reuben Avenue.
Can't make an open home? Get in touch so we can find a time that works, private viewings welcome.
Deadline Sale - All offers to be considered on or before 4pm Thursday 12th November 2026 - unless sold prior.
For a full information pack on this listing please contact Susan Lock [email protected] or Big Red on [email protected]
OwnBetter estimate
$725k
Medium confidence
We estimate it would sell for $725,000 as at 5 October 2026, in a range of $650,000 to $824,000.
Typical home in Rolleston
$799k
The median of our estimates of its 12,830 homes
$650kLow
$725kEstimate
$790kCouncil value
$824kHigh
How we worked this out
| Council valuation, Sept 2024 | $790,000 |
|---|---|
| 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 | −0.5% |
| Land as a share of the value | −0.5% |
| Nearby recent sales (15) | −0.8% |
| Its own sale in 2018 | −9.3% |
| Our estimate | $725,000 |
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 and its own last sale 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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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
5 Reuben Avenue as a rental
Rent estimate$650/wk$560–$750 · Little evidence
Gross yield4.7%$33,800 a year on $725k
Net yield3.8%After $5,980 of costs
Cash flow−$51/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $650 | ||
| Property manager | ||
| Rent, 52 weeks | $33,800 | |
| 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 | $27,820 | |
| Interest $507,500 at 6.00%, interest only | −$30,450 | |
| Cash flow before tax | −$2,630 | |
| Cash flow a week | −$51 | |
| Gross / net yield on the price | 4.7% / 3.8% | |
| Return on equity cash flow on the deposit, before tax | −1.2% | |
| Loses money above this interest rate, before tax | 5.48% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 5.48%. That is -1.2% a year on a $218k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area174 m²
- Land area699 m²
- Decade built2010s
- Bedrooms3
- Bathrooms2
- Property categoryRD201B
- Zoning (valuer’s record)9A
- CouncilSelwyn District
- Valuation #24057-4600
- 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 number835315
- Title typeFreehold
- Legal descriptionLot 8 Deposited Plan 522138
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
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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. 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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