Nestled in the idyllic town of Waiau, this charming 3-bedroom, 1-bathroom residence with 2 car parks presents an enticing lifestyle opportunity. Constructed in 1950 with wood walls and an iron roof, both in good condition, this freehold property sits on a level 3035sqm section at 15 Tekoa Street. The interior boasts timber flooring, an open-plan kitchen/dining/living area heated by a log burner, and a family bathroom. The property has seen a significant Capital Value increase of 53.66% from $205,000 in 2019 to $315,000 as of 2022. The HouGarden AVM estimates the property's value at $310,000, while the latest sale was in 1996 for $12,500. The property falls within the Amuri Area School zone, a composite school with a decile rating of 8.
With a generous land area and a rural view, this property offers a serene escape while being conveniently located for access to Hanmer Springs, Mt Lyford, and Kaikoura. The nearby Waiau River provides ample opportunities for fishing and boating, and the local community ensures a warm welcome. This is not just a home but a canvas for your dreams in a country town that has it all.
For families with school-aged children, the school zone is a significant plus, ensuring access to quality education. The combination of a desirable location, a well-maintained home, and potential for further value growth makes this property an attractive prospect for both investors and homeowners alike.
Updated on August 27, 2024