Nestled in the serene Maori Hill, Timaru, this charming 1920's residence at 18 Wai-Iti Road boasts a freehold title. The roughcast exterior and iron roof, in average and good condition respectively, shelter a spacious interior with 4 bedrooms, 2 bathrooms, and a single carpark. The property's capital value has seen a rapid increase of 23.75% from $400,000 in 2020 to $495,000 as of 2023, while the HouGarden AVM estimates it at $480,000. The latest sales history shows a sale in 2024 for $400,000 and another in 2018 for $230,000.
With a floor area of approximately 198sqm and a land area of 708sqm, this home offers a versatile layout with a bright lounge, three kitchens, and the convenience of two heat pumps and a heat transfer kit. The easy-to-moderate fall contour of the section provides ample space for outdoor living at the rear. The property is located in a prime central location, with the CBD and Caroline Bay in close proximity.
For families with school-aged children, the property falls within the zones of St Joseph's School (Decile 7), Craighead Diocesan School (Decile 9), Waimataitai School (Decile 6), and Roncalli College (Decile 7), ensuring access to quality education.
Updated on August 01, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 3 | 2 | 189m2 | Year 2025 Month 02 Day 28 | $875,000 | Council approved | |
 | 0.07 km | 3 | 1 | 220m2 | Year 2024 Month 12 Day 13 | $480,000 | Council approved | |
 | 0.18 km | 3 | 1 | 185m2 | Year 2024 Month 11 Day 19 | - | Council approved | |
| 0.18 km | 3 | 185m2 | Year 2024 Month 11 Day 06 | $580,000 | Council approved | ||
 | 0.18 km | 4 | 2 | 240m2 | Year 2024 Month 10 Day 04 | - | Council approved |