Nestled in the tranquility of a quiet cul-de-sac at 4 Massey Street, Waimate, this 1915-built residential dwelling offers a promising entry into the property market. The freehold property boasts 2 bedrooms, 1 bathroom, and a single carpark, set upon a level 1280m2 section. Constructed with roughcast walls and an iron roof, both in fair condition, the house presents a solid foundation for potential modernization. The government's capital value has seen a significant increase from $210,000 in 2019 to $350,000 in 2022, reflecting a growth rate of 66.67%. This is further supported by the HouGarden AVM of $320,000 and recent sales history, with the latest sale recorded at $389,000 in 2024.
For families with school-aged children, the property falls within the zones of Craighead Diocesan School, a decile 9 secondary school, and Roncalli College, a decile 7 secondary school, ensuring quality education is within reach. The property's teaser, 'Ripe to Renovate', accurately sums up the potential this house holds for the right buyer.
Updated on December 18, 2024