36 High Street, Waimate, Waimate

Nestled on the serene High Street, this well-maintained property boasts a freehold title and a comfortable floor area of 102 square meters. Constructed in 1975 with concrete walls and an iron roof, it stands on a levelled land of 576 square meters. The home features 3 spacious bedrooms with built-in wardrobes, a modern bathroom with separate bath and shower, and an inviting open-plan living area complemented by a log burner. It also includes a double garage with workshop space and additional off-street parking. Notably, the capital value has seen a significant increase of 63.8% from $235,000 in 2019 to $385,000 as of 2022. The property's HouGarden AVM is estimated at $377,500, with the latest sale recorded at $415,000 in 2024, a substantial jump from the previous sale of $189,500 in 2014.

With a CV increase that outpaces the market, this property is not just an investment but a smart one. Its location within the catchment area of Craighead Diocesan School, a prestigious secondary school with a decile rating of 9, and Roncalli College, a reputable secondary school with a decile rating of 7, adds to its appeal, making it an ideal choice for families.

Updated on August 01, 2024