Description

Located in the heart of Rolleston – one of New Zealand’s fastest-growing and most sought-after districts – this architecturally designed dual-key property offers a unique investment opportunity like no other. This is not your typical dual-key setup; instead, it features two completely separate, self-contained homes on a single section, making it a rare and high-potential offering in the area.

Each home is thoughtfully designed with:

• 3 spacious bedrooms
• 2 modern bathrooms
• Open-plan living areas that flow seamlessly to private outdoor spaces
• Internal access garages
• Off-street parking for each home

The well-considered layout allows for two distinct income streams, perfect for investors seeking excellent returns. Whether you’re looking to hold for rental income or sell separately, this dual-residence design offers flexibility and long-term growth potential.

What truly sets this property apart is the opportunity for significant capital growth through future subdivision. Once completed, the property will be eligible for subdivision, unlocking the possibility of subdividing the section and revaluing the properties to achieve a potential instant equity boost of $140,000. This represents a huge opportunity for a discerning investor looking to maximise returns. The potential for immediate revaluation post-subdivision offers an attractive upside that many properties simply can't provide.

Investment Breakdown:

• Purchase Price: $1,160,000
• Post-Renovation Value: $1,300,000 (estimated)
• Rental Appraisal: $600 per week per 3-bedroom house ($1,200 per week for both)
• Expected Rental Yield (GY): 5.3% (based on rental income of $1,200 per week)

Rolleston continues to experience rapid growth, with strong demand for quality residential properties and excellent capital growth prospects. As the district expands, the demand for rental properties and homes in this area is only set to increase, making this an ideal location for long-term investment.

With the ability to generate dual income from two separate homes and the added bonus of subdivision potential, this property is an investor’s dream. Whether you're a seasoned property investor or someone looking for a unique home and income setup with an eye on future gains, this opportunity is not to be missed.

Key Highlights:

• Dual-key design: Two fully self-contained homes on one section.
• 3 bedrooms, 2 bathrooms per home – perfect for families or tenants.
• Private indoor and outdoor living spaces with open-plan layouts.
• Internal access garages and off-street parking for each home.
• Two income streams – ideal for investors looking for rental returns or homebuyers seeking house and income setups.
• Instant equity boost: Subdivide the section and revalue the property, unlocking a potential instant equity uplift of $140,000 upon completion.
• Strong rental returns: Capitalise on Rolleston’s high rental demand, ensuring steady income streams from two separate homes.
• Purchase price: $1,160,000 with a potential post-renovation value of $1,300,000.
• Rental appraisal: $600 per week per 3-bedroom home, offering $1,200 per week total in rental income.
• Gross Yield (GY): 5.3%, based on $1,200 per week rental income.
• Prime Rolleston location: Situated in a rapidly growing district with strong future capital growth.
• High rental demand: Benefit from Rolleston’s thriving rental market and increasing demand for quality residential properties.

This is an exceptional opportunity for investors to secure a one-of-a-kind property with instant equity and strong long-term growth potential. Don’t miss your chance to secure not just one, but TWO unique, architecturally designed new builds in Rolleston.