147 Mount Harris Road, Ikawai, Waimate

Nestled on a serene 1.44-hectare segment at 147 Mount Harris Road, Ikawai, Waimate, this idyllic lifestyle property is designed for minimal maintenance and maximum relaxation. The 4-bedroom Oamaru stone residence boasts an airy open-plan kitchen and dining space, complemented by a separate lounge. With expansive windows inviting natural light and warmth, the home is a haven of comfort. It sits on a freehold title with a floor area of 675 square feet and unknown roofing and wall construction. The property has seen a recent capital value adjustment, with a CV of $7,400,000 as of July 2022, a decrease of 2.76% from the previous valuation in July 2019. Notably, the HouGarden AVM estimates the property's value at $8,035,000, and the latest sale was recorded at $3,960,000 in October 2024, a significant increase from the $800,000 sale in August 1994.

Educationally, the property falls within the catchment of Waihao Downs School, a full primary with a decile rating of 7. For secondary education, both Craighead Diocesan School (decile 9) and Roncalli College (decile 7) are accessible options. This property is not just a home but a versatile space, with potential for contractors as it includes a double-car garage, two 3-bay sheds, a shearing shed, and a workshop.

With a prime location and a rich history of valuation, this property presents a compelling investment opportunity in a desirable school zone.

Updated on November 13, 2024