
- 4
- 2
- 2
- 230m²
- 750 m²
- House
- Ensuite
- 2 Garage
The Perfect Home To Settle Into This Summer
Tucked away in a quiet cul-de-sac and perfectly positioned to capture all-day sun, this modern four-bedroom home delivers easy living in a sought-after Rolleston location.
Designed with comfort and connection in mind, the heart of the home is a light-filled open plan kitchen, dining and living space that flows effortlessly outdoors. Sliding doors from both the living area and master bedroom open to sunny patios, creating the ideal setting for entertaining or relaxing in complete privacy.
The master suite is thoughtfully appointed with a walk-in wardrobe and ensuite, while three additional bedrooms provide flexibility for families, guests or working from home. Year-round comfort is assured with double glazing, a heat pump, and the added benefit of solar hot water.
Set on a generous 750sqm (approx) section, the home is well positioned to maximise space, offering a large, family-friendly backyard with plenty of room to play, garden or simply unwind. Fully fenced for the pet and/or kids, and a garden shed add practicality, while ample off-street parking completes the package.
This is a home that combines space, sun and functionality in a location close to all of Rolleston’s amenities—perfect for families or those seeking a relaxed lifestyle with everything within easy reach.
Come along to the open home on Sunday, to view this lovely retreat for yourself, or contact me to arrange a private viewing.
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $690 × 52 weeks = $35,880, against the council valuation of $820,000. 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 | $711 | 7% |
| From its value what rentals in the area typically yield | $689 | 93% |
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.
| Address | Beds | Asked | As this one | When | Away |
|---|---|---|---|---|---|
| 3 Harness Wayrealestate.co.nz ↗ | 3 | $670 | $711 | Oct 2026 | 2.7 km |
| 30A Finn Avenuerealestate.co.nz ↗ | 4 | $620 | $519 | Oct 2026 | 2.7 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.
8 Mondrian Lane as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $690 | ||
| Property manager | ||
| Rent, 52 weeks | $35,880 | |
| 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 | $29,532 | |
| Interest $574,000 at 6.00%, interest only | −$34,440 | |
| Cash flow before tax | −$4,908 | |
| Cash flow a week | −$94 | |
| Gross / net yield on the price | 4.4% / 3.6% | |
| Return on equity cash flow on the deposit, before tax | −2.0% | |
| Loses money above this interest rate, before tax | 5.14% | |
The rent covers the interest at rates up to 5.14%. That is -2.0% a year on a $246k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area230 m²
- Land area750 m²
- Property categoryRD200B
- Zoning (valuer’s record)9A
- CouncilSelwyn District
- Valuation #24054-21300
- 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 number111544
- Title typeFreehold
- Legal descriptionLot 113 Deposited Plan 327470
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
51 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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