16 Edward Street, Waimate, Waimate

Nestled at the end of a quiet cul-de-sac on 16 Edward Street, Waimate, this charming residential dwelling, built in 1940, boasts a freehold title. The property features 2 bedrooms, 1 bathroom, and a generous 3-car parking space. With a floor area of 93 square meters and a land area of 1012 square meters, the home is complemented by roughcast walls in average condition and an iron roof that's maintained in good condition. The house sits on a level contour, and the layout includes an open plan kitchen/dining and lounge with a log burner and heat pump for comfort.

As for the financials, the capital value has seen a substantial increase from $230,000 in 2019 to $355,000 in 2022, reflecting a growth rate of 54.35%. The HouGarden AVM estimates the property's value at $357,500. The latest sale history shows a transaction at $360,000 in 2024 and a previous one at $193,195 in 2018. Clearly, this property is a sound investment with promising appreciation.

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, a secondary school with a decile rating of 7. The location ensures access to quality education. The property also offers a serene orchard and ample space for a vegetable garden, making it an ideal blend of convenience and tranquility.

Updated on September 11, 2024