9 Macdonald Street, Waimataitai, Timaru

Nestled on a generous 1437m2 section, this well-appointed 4-bedroom, 2-bathroom family residence in Waimataitai, Timaru, is a captivating freehold property. Constructed in 1954 with solid brick walls and an iron roof, the home exudes a warm, inviting ambiance. The interior spans a comfortable 200m2, featuring an open-plan kitchen, living, and dining area that's perfect for family gatherings. The property has seen a significant Capital Value increase of 25.93% over the past three years, from $405,000 to the current $510,000. The latest sale in 2024 fetched $595,000, showcasing the property's investment potential. HouGarden's AVM estimates the property at $490,000, making it an attractive prospect for buyers. Notably, the residence includes a single-car garage with an electric car charging station and is equipped with solar panels and a floor-mounted heat pump for energy efficiency.

Government valuations highlight the property's consistent growth, while the recent sale history underscores its desirability. The property's exterior enjoys an easy/moderate fall contour, and the average condition of both walls and roof is a testament to the home's meticulous maintenance.

For families with school-aged children, the property falls within the catchment area of several esteemed schools. St Joseph's School (Timaru) and Mountainview High School are rated a decile 7 and 6 respectively, while Grantlea Downs School, Craighead Diocesan School, and Roncalli College offer additional options, with Craighead being the highest rated at a decile 9.

Updated on October 09, 2024