Manchester Street, Waimate, Waimate

Nestled on a levelled section of approximately 1821m2, this residential vacant land at Lot 9, Manchester Street, Waimate, offers picturesque urban and rural views, with convenient access to the town center. The property boasts an unknown roof and wall construction, indicating potential for personalized improvements. It is held under the freehold title, providing full autonomy and control over the land. Notably, the property has water available on-site, a feature that adds to its development potential. The latest available data suggests that the capital value has seen a dramatic increase of 2.41 times from $41,000 in 2019 to $140,000 as of 2022, showcasing a promising investment opportunity.

As per the valuation records, the property's estimated value by HouGarden AVM stands at $137,500, with a recent sale on July 26, 2024, for $90,000. This indicates a market with active movement and varying valuations.

For families with educational considerations, this property falls within the zones of both Craighead Diocesan School, a secondary school with a decile rating of 9, and Roncalli College, a secondary school with a decile rating of 7. These institutions offer quality education and are attractive for those with children in Year 7 through to Year 15.

Updated on August 28, 2024