57 Wai-Iti Road, Maori Hill, Timaru

Nestled in the coveted Maori Hill, Timaru, at 57 Wai-Iti Road, this freehold property is a charming residential dwelling built in 1980 with stone walls and an iron roof, both in good condition. The 200sqm floor area is spread over two levels, encompassing three bedrooms, a spacious living area that leads to a sunny patio, a modern kitchen with ample storage, and a bathroom with a bath and separate shower. The property sits on a 337sqm section with an easy/moderate fall contour, a single carpark, and a large internal access garage. Notably, the capital value has seen a 23.6% increase from $445,000 in 2020 to $550,000 in 2023. The latest sale was recorded at $520,000 in 2024, while the HouGarden AVM estimates it at $535,000. This home is perfect for those seeking a lock up and leave lifestyle, with the convenience of nearby amenities and access to Caroline Bay.

For families, 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 quality education options. This combination of location, comfort, and investment potential makes it a rare find indeed.

With a heat pump and some double glazing for comfort, and no lawns to mow, this home offers a practical and relaxed lifestyle. If you're looking for a spacious and perfectly located property to call home, you'll need to act fast.

Updated on July 26, 2024