Nestled in the serene Maori Hill, Timaru, this charming 1920's residence at 18 Wai-Iti Road boasts a freehold title. The roughcast exterior and iron roof, in average and good condition respectively, shelter a spacious interior with 4 bedrooms, 2 bathrooms, and a single carpark. The property's capital value has seen a rapid increase of 23.75% from $400,000 in 2020 to $495,000 as of 2023, while the HouGarden AVM estimates it at $480,000. The latest sales history shows a sale in 2024 for $400,000 and another in 2018 for $230,000.
With a floor area of approximately 198sqm and a land area of 708sqm, this home offers a versatile layout with a bright lounge, three kitchens, and the convenience of two heat pumps and a heat transfer kit. The easy-to-moderate fall contour of the section provides ample space for outdoor living at the rear. The property is located in a prime central location, with the CBD and Caroline Bay in close proximity.
For families with school-aged children, the property falls within the zones of St Joseph's School (Decile 7), Craighead Diocesan School (Decile 9), Waimataitai School (Decile 6), and Roncalli College (Decile 7), ensuring access to quality education.
Updated on August 01, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 3 | 2 | 189m2 | 2025 02 28 | $875,000 | Council approved | |
 | 0.07 km | 3 | 1 | 220m2 | 2024 12 13 | $480,000 | Council approved | |
 | 0.18 km | 3 | 1 | 185m2 | 2024 11 19 | - | Council approved | |
| 0.18 km | 3 | 185m2 | 2024 11 06 | $580,000 | Council approved | ||
 | 0.18 km | 4 | 2 | 240m2 | 2024 10 04 | - | Council approved |