Two Standalone Homes. Dual income. + $120K Instant Equity
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Larch Drive, Pinewood Grange, Rolleston, Christchurch 6 Beds 4 Bath 220m2
Two standalone homes, Dual income and Built-in equity.
Property Snapshot
Location: Lot 7, Larch Drive, Rolleston
Price: $1,160,000 (GST Inclusive)
Completion: Early 2027
Rental appraisal: $1,200 per week
Gross yield: 5.38%
A Rare Investment Property Type
Most dual-income new builds are joined duplexes connected by garages or shared walls and cannot be subdivided.
This property is different.
These are two completely separate houses with no shared walls and designed for future subdivision into two freehold titles.
This creates a far more flexible and valuable long-term asset.
Future options include:
Investment properties designed like this are extremely rare.
Built-In Equity From Day One
Estimated value on completion:
$640,000 per home
Total value: $1,280,000
Purchase price: $1,160,000
Instant equity: ≈ $120,000
Even with no market growth, the subdivision and property design create equity from the start.
Because completion is due early 2027, investors also benefit from potential market growth during the build period.
Example 5% growth scenario:
Potential value: $1,344,000
Potential equity position: ≈ $184,000
Why Rolleston Continues to Grow
Rolleston is one of New Zealand’s fastest-growing districts, driven by:
The property is also located close to schools, the Rolleston shopping centre, cafes, restaurants and everyday amenities, making it highly attractive to long-term tenants.
Investment Highlights
✔ Two brand-new standalone homes
✔ Dual income from day one
✔ Rear subdivision potential on completion
✔ Built-in equity uplift
✔ Low-maintenance new builds
✔ High tenant demand location
✔ Strong capital growth potential
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Close to Rolleston town centre and shopping hub
Cafes, restaurants and everyday amenities nearby
Supermarkets and retail stores within minutes
Nearby primary and secondary schools
Parks, playgrounds and walking/biking tracks
Easy access to public transport options
Quick commute to Christchurch CBD
Family-friendly neighbourhood
High-demand rental location
Growing Selwyn District infrastructure and employment hubs