Mchenrys Road, Hakataramea Valley, Waimate

Nestled on a level plot of land at McHenrys Road, Hakataramea Valley, Waimate, this lifestyle property boasts a serene environment with a freehold title. The property, with unknown specifics in terms of construction and condition of the walls and roof, presents a clean slate for potential development. It is devoid of any existing structures, with no bedrooms, bathrooms, or carparks currently present. The capital value as of July 2022 stands at $261,000, reflecting the property's investment potential.

History shows a fluctuation in the property's valuation, with the HouGarden AVM estimating it at $255,000. Notably, the latest sale records indicate a transaction on July 26, 2024, for $255,000, following a previous sale on October 12, 2022, for $275,000. The capital value has seen a steady growth percentage, making this an attractive prospect for investors.

For families with school-aged children, the 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. This ensures access to quality education within the community.

Updated on August 28, 2024