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Sold: $350,000

Sold on 2024 Year 2024 Month 07 Day 02

57 Wilkin Street, Waimate, Waimate

270m2
1171m2

Nestled at 57 Wilkin Street, Waimate, this industrial property with a freehold title is a gem in the region. It boasts a spacious floor area of 270 square meters and is set on a generous land of 1171 square meters. The exterior walls are constructed with mixed materials, while the roof is made of iron, both in mixed condition. It offers ample parking space with 8 carparks available. This property is located in a quiet cul-de-sac, ensuring a peaceful environment.

As for the financials, the capital value has shown a remarkable increase from $140,000 in 2019 to $280,000 in 2022, indicating a 100% growth. The HouGarden AVM estimates the property's value at $275,000. The latest sale history includes a transaction in 2024 for $350,000 and another in 1999 for $50,062, reflecting the property's consistent appeal over the years.

For families with school-going children, this property falls within the zones of Craighead Diocesan School, a secondary school with a decile rating of 9, and Roncalli College, also a secondary school with a decile rating of 7. These prestigious schools are a testament to the quality of education available in the area.

Updated on August 07, 2024

Council Data

Last update : 2025 01 22
Improvement value$120,000Increased by 106% from year 2019
Land value$160,000Increased by 95% from year 2019
CV(Year 2022 Month 07)$280,000Increased by 100% from year 2019
Land area1171m²
Floor area270m²
TitleCB8B/61
Type of titleFreehold
Legal descriptionLOT 1 DP 26396
CouncilWaimate
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 26396,1171m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Mixed
Roof: Mixed
ZoningZoned Business 3

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Roncalli College
40.35 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7
Craighead Diocesan School
41.28 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9

Property history

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For developers

Unitary plan:Zoned Business 3
Land:1171m²
Title:Freehold

Wilkin Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
23 Studholme Street, Waimate
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1
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Year 2024 Month 12 Day 17
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1
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-
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2
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Year 2024 Month 11 Day 21
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4 Moorhouse Street, Waimate
0.20 km
2
1
76m2
Year 2024 Month 11 Day 12
$318,000
Council approved
8 Holmes Street, Waimate
0.19 km
2
1
76m2
Year 2024 Month 08 Day 26
$322,000
Council approved

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