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Sold: $1,000,000

Sold on 2024 Year 2024 Month 05 Day 28

33 Waitui Drive, Geraldine, Timaru

4
210m2
11439m2

Nestled down a meandering driveway on Waitui Drive, Geraldine, Timaru, lies a spacious family home on a freehold plot. This 210 square meter, 4-bedroom, 5-carpark property is built with roughcast walls and an iron roof, both in good condition, and enjoys a level contour. The property, constructed in 2000, boasts an open plan living space with a compliant open fire, a master bedroom with an en-suite and walk-in wardrobe, and a family bathroom, complemented by an additional toilet in the laundry area. The CV has seen a growth of 39.13% from $690,000 in 2020 to $960,000 as of 2023, with a HouGarden AVM of $935,000. The latest sale was for $1,000,000 in 2024, a significant increase from the $35,000 sale in 1999. In terms of education, the property falls within the zones of Geraldine High and Primary Schools, both with a decile rating of 8, and is in proximity to St Joseph's School (decile 6) and Craighead Diocesan School (decile 9).

With a north-west facing aspect, the property is bathed in sunlight, with an indoor-outdoor flow leading to a deck that overlooks the expansive and private grounds, complete with a tree-lined boundary and maintained lawns.

For families with school-aged children, the property's location in a high-rated school zone adds significant value, ensuring a quality education within reach.

Updated on July 26, 2024

Council Data

Last update : 2024 12 11
Improvement value$475,000Increased by 30% from year 2020
Land value$485,000Increased by 49% from year 2020
CV(Year 2023 Month 09)$960,000Increased by 39% from year 2020
DeckYes
View typeNo appreciable view
ContourLevel
Land area11439m²
Floor area210m²
Decade of construction2000
TitleCB47A/866
Type of titleFreehold
Legal descriptionLOT 1 DP 81239 SUBJ TO & WITH INT IN ROW
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 81239
ConstructionExternal Walls: Roughcast
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningR 4A

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Geraldine High School
1.13 km
Secondary
7-15
Government
Co-Educational
EQI: 451
8
Geraldine Primary School
1.69 km
Primary
1-6
Government
Co-Educational
EQI: 431
8
St Joseph's School (Temuka)
18.30 km
Primary
1-8
Government
Co-Educational
EQI: 442
6
Craighead Diocesan School
34.07 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
Roncalli College
35.65 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7

Property history

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For developers

Unitary plan:R 4A
Land:11439m²
Title:Freehold

Surrounding facilities

Waitui Drive Neighborhood and Surrounding Data

Mortgage

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Sold date
Sold
Data source
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-
Council approved

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