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Sold: $760,000

Sold on 2024 Year 2024 Month 10 Day 06

12 Othello Drive, Rolleston, Selwyn

4
170m2
792m2

Nestled in the tranquility of 12 Othello Drive, Rolleston, Selwyn, this freehold property boasts a 170sqm floor area on a sprawling 792sqm section. Constructed in 2006 with robust brick walls and an iron roof, both in good condition, the residence offers 4 bedrooms and is complemented by a single carpark. The property's capital value has maintained stability with a 0.0% increase from $700,000 in July 2021 to the same value in September 2021, while the HouGarden AVM estimates it at $640,000. Notably, the latest sale history shows a significant leap from $370,000 in 2011 to $760,000 in 2024.

With regards to the government's valuation, the property has experienced a consistent capital value of $700,000, reflecting a solid investment in a rapidly appreciating market. The recent sale prices demonstrate a promising growth trend, making it an attractive opportunity for potential buyers.

For families with educational considerations, this property falls within the zones of several high-performing schools. These include Villa Maria College (Decile 9), Rolleston School (Decile 10), Rolleston Christian School (Decile 9), Rolleston College (Decile 10), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Years 11-13, Decile 9), and the Christchurch Adventist School (Decile 5), ensuring access to a diverse range of educational institutions.

Updated on December 04, 2024

Council Data

Last update : 2025 03 05
Improvement value$330,000Increased by 22% from year 2021
Land value$370,000Reduced by -13% from year 2021
CV(Year 2024 Month 09)$700,000Reduced by 0% from year 2021
View typeNo appreciable view
ContourLevel
Land area792m²
Floor area170m²
Decade of construction2006
TitleCB48B/441
Type of titleFreehold
Legal descriptionLOT 7 DP 83393 BLK III LEESTON SD
CouncilSelwyn
Estate descriptionFSIM,1/1,LOT 7 DEPOSITED PLAN 83393,792m2
ConstructionExternal Walls: Brick
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningLiving 1A

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Rolleston School
0.58 km
Primary
1-8
Government
Co-Educational
EQI: 423
10
Rolleston College
1.02 km
Secondary
9-15
Government
Co-Educational
EQI: 449
10
Rolleston Christian School
1.65 km
Primary
1-8
Government
Co-Educational
EQI: 414
9
St Thomas of Canterbury College
15.94 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Villa Maria College
17.03 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Middleton Grange School
17.31 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Christchurch Adventist School
21.70 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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For developers

Unitary plan:Living 1A
Land:792m²
Title:Freehold

Surrounding facilities

Othello Drive Neighborhood and Surrounding Data

Mortgage

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