48 Macdonald Street, Waimataitai, Timaru

Nestled at 48 Macdonald Street in the serene Waimataitai, Timaru, this charming residential dwelling on a Freehold title boasts 3 bedrooms, 2 carparks, and a generous floor area of 118sqm. Constructed in 1950 with wood exterior walls and tiled roofing, the property enjoys an average wall and roof condition, sitting on a land area of 665sqm with an easy/moderate rise contour. The highlight of this property is its expansive 4+ garaging, a rarity in this price range, perfect for car enthusiasts or those in need of substantial storage space. With a CV of $395,000 as of 2023, it has seen a remarkable increase of 27.42% from its 2020 valuation of $310,000. The HouGarden AVM estimates the property at $387,500, while the latest sale history includes transactions in 2016 for $280,000 and in 2012 for $212,000.

For families with school-aged children, the property falls within the zones of St Joseph's School (Decile 7), Mountainview High School (Decile 6), Grantlea Downs School (Decile 5), Craighead Diocesan School (Decile 9), and Roncalli College (Decile 7), ensuring access to quality education. This home not only offers comfort and potential but also a strategic investment in a desirable school district.

With stunning mountain and sea views, a north-facing deck, and a spa bath included in the sale, this property invites relaxation and entertainment. The well-appointed kitchen, separate laundry, and additional toilet contribute to the practicality and comfort of this ideal first home or investment opportunity.

Updated on August 19, 2024