


Listing Description
Multi-Generational Home, Dual Investment
1 Piwakawaka Place, Leeston, Selwyn, Canterbury
Details
| Attribute | Value |
|---|---|
| Property type | House |
| In the area | Lake Ellesmere, FreshChoice, Restaurants/Cafes, Medical Centre, Schools |
| Agency reference | Nw Dl Lt 3 Kar |
Description
A smart, flexible design to suit both homeowners and investors. Whether you're looking to live in one and rent the other, or accommodate extended family, this dual-living home offers the perfect balance of lifestyle and financial benefit. We are flexible with our designs and have more options available. With build costs expected to rise, now is an ideal time to secure a new build investment at today’s pricing, backed by our 100% Fixed Price Contract for complete peace of mind.
Dwelling 1 - Main Home
- Floor Area: 137.3m²
- Bedrooms: 4
- Bathrooms: 2
- Garage: 1 car Spacious and well-appointed, the main dwelling offers comfortable family living with open-plan design, quality finishes, and excellent indoor-outdoor flow.
Dwelling 2 (Minor Unit):
- Floor Area: 91.6m²
- Bedrooms: 2
- Bathrooms: 1
- Garage: 1 car A fully self-contained unit designed for privacy and independence—ideal for generating rental income or accommodating extended family.
What You’ll Love
- Everything is taken care of — this package comes complete with the following:
- 100% fixed price — no hidden costs or surprises
- Professionally designed soft landscaping
- Complete hard landscaping – patios, paths, fencing, gates, staining, letterbox & clothesline
- Window furnishings are included throughout
- Stylish kitchens with engineered stone benchtops and quality appliances
- Mitsubishi heat pumps with WiFi control for year-round comfort
- Fully insulated garage, including carpet
- Keyless electronic entry
- Energy-efficient double glazing with thermal break and Low-E glass
- Quality materials and upgraded finishes throughout
- Firewall between units for safety and compliancy
- Inclusive of council contribution
Income Potential
- Main Home Rental Estimate: $590 per week
- Minor Unit Rental Estimate: $480 per week
- Combined Potential Income: $1,070 per week provides a 5.57% Gross Yield Live in one and rent the other to help offset your mortgage or create an additional income stream, or retain both as rentals and enjoy the benefit of two independent income streams delivering a high-yielding investment.
Why Leeston? Set in the rural township of Leeston in the Selwyn District, this location offers peaceful country living with a strong sense of community, while still keeping urban conveniences and Christchurch within easy reach. Peaceful rural lifestyle with city access – Just 30km from central Christchurch, offering an easy approx. 35-minute drive for commuting or weekend trips Well-connected regional hub – Positioned within the wider Selwyn District, with nearby centres including Rolleston, Lincoln, New Zealand, and Dunsandel Education close by – Zoned for local schooling options, including Leeston Primary School and Ellesmere College, catering for primary through to secondary education Outdoor lifestyle on your doorstep – Easy access to scenic recreation at Lake Ellesmere / Te Waihora, ideal for walking, birdwatching, fishing, and weekend exploring Everyday convenience in town – Leeston township offers cafés, takeaways, restaurants, a local butchery, and a FreshChoice supermarket all within walking distance Balanced lifestyle opportunity – A growing rural community that blends relaxed country living with practical amenities and long-term value appeal A location that supports both lifestyle and long-term value.
Contact me for full information and brochure on this listing. Or get in touch with me to have a chat about our Investment Packages available throughout Christchurch and the wider Canterbury region.
Lisa de Vries 027 559 5458 lisa.devries@goldenhomes.co.nz
https://goldenhomes.co.nz/house-and-land/canterbury/home-income-1-piwakawaka-place
Open home times
Local Schools
IN ZONE Leeston Dunsandel Road
457 m
Secondary (Year 7-13) (Intermediate & Secondary), State, 526 enrolled
IN ZONE Selwyn Street
651 m
Contributing (Primary), State, 295 enrolled
IN ZONE 571-575 Springston Rolleston Road
18.1 km
Full Primary (Primary & Intermediate), State : Integrated, 284 enrolled
While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.














