291 Frenchmans Gully Road, Maungati, Waimate

Nestled on a panoramic plateau on 291 Frenchmans Gully Road, Maungati, Waimate, this Freehold property boasts 3 bedrooms, 4 carparks, and a vast floor area of 275 square meters on a land of approximately 3.69 hectares. Constructed with durable concrete walls and an Iron roof in 1970, the home has been well-maintained with good wall and roof conditions. An impressive Capital Value (CV) increase of 21.36% from $1,030,000 in 2019 to $1,250,000 in 2022 reflects its growing worth. The property's HouGarden AVM is valued at $1,215,000, with a notable sale history in 2004 for $455,000. Modernizations in 2008-10 enhanced its original charm with expanded rooms, balconies, and an improved indoor-outdoor flow, complemented by double glazing, a log burner, and a heat pump for all-season comfort.

Educationally, the property falls within the zones of top-rated schools, including Beaconsfield School (Decile 9), St Joseph's School (Timaru, Decile 7), Craighead Diocesan School (Decile 9), and Roncalli College (Decile 7), ensuring access to quality education. The serene location, with its stunning South Island views, is minutes from the Maungati country golf course and the Craigmore estate, offering both privacy and easy access to the island's attractions.

Whether you seek a hosting opportunity, a family home, retirement haven, or a base for new adventures, this property's combination of privacy, views, and convenient access to services and natural wonders makes it a compelling choice.

Updated on August 22, 2024