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UnclaimedRural

37 Bradley Road, West Melton

Selwyn District

$2,299,000 Plus GST (if any)

  • 5
  • 2
  • 5
  • 4.01 ha
  • Lifestyle with dwelling

Space, style and tranquil rural living

Please copy and paste this website address into your internet browser to download the property file: http://www.propertyfiles.co.nz/5530790

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If you've been dreaming of more space, modern comforts and a lifestyle property you can enjoy from day one, this impressive near-new home offers the perfect opportunity to make your move before Christmas.

Privately positioned on a quiet, no-exit rural road, this four-hectare property combines contemporary family living with exceptional outdoor entertaining and room to spread out.

Built in 2024, the spacious five-bedroom home features two generous living areas, including a separate lounge, with both spaces opening onto the expansive, sun-soaked deck and outdoor fire area. It's an ideal setting for summer gatherings, relaxed evenings and making the most of the rural surroundings.

The kitchen is designed to bring everyone together, featuring dual ovens, excellent storage and an oversized butler's pantry. Comfort is well catered for with dual ducted heat pumps and a log burner, while the 12.5kW solar system and 15kW battery offer impressive energy efficiency and the ability to return excess power to the grid.

There's plenty of room for vehicles, hobbies and equipment, with an extra-long internal access garage and a substantial 144sqm American-style barn featuring electric roller doors. Outside, established shelter belts provide privacy and protection, while established lawns, pop-up irrigation and specimen trees create a great foundation for further landscaping.

Enjoy the freedom of four hectares while remaining approximately 6km from both Rolleston and West Melton, with schools, shops and everyday amenities within easy reach.

With modern living, impressive garaging and space for the whole family, this is an opportunity to secure your lifestyle property and settle in before Christmas.

Rent estimate · 21 Oct 2026
$840 – $1,110/week
Most likely about $965 a week · Little evidence: a rough guide
Estimated rental yield
3.1%
What is rental yield?

Gross rental yield is a year’s rent as a share of what the property is worth: $965 × 52 weeks = $50,180, against the council valuation of $1,610,000. 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
From its value what rentals in the area typically yield$965100%

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.

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

37 Bradley Road as a rental

Rent estimate$965/wk$840–$1,110 · Little evidence
Gross yield3.1%$50,180 a year on $1.61m
Net yield2.6%After $8,878 of costs
Cash flow−$506/wk30% deposit, interest only at 6.00%
Line
Price Council valuation
Deposit
Interest rate
Rent a week our estimate $965
Property manager
Rent, 52 weeks$50,180
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$41,302
Interest $1,127,000 at 6.00%, interest only−$67,620
Cash flow before tax−$26,318
Cash flow a week−$506
Gross / net yield on the price3.1% / 2.6%
Return on equity cash flow on the deposit, before tax−5.4%
Loses money above this interest rate, before tax3.66%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 3.66%. That is -5.4% a year on a $483k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area299 m²
  • Land area4.01 ha
  • Bedrooms4
  • Property categoryLI202B
  • Zoning (valuer’s record)1A
  • CouncilSelwyn District
  • Valuation #23541-48901
  • 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 number72583
  • Title typeFreehold
  • Legal descriptionLot 1 Deposited Plan 318548
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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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)1A

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 West Melton

Selwyn District
2,569
Properties on the rating roll
1 Sep 2024
Last council revaluation
Buyer demand

21 people looked at properties in West Melton 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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