Nestled at 57 Wilkin Street, Waimate, this industrial property with a freehold title is a gem in the region. It boasts a spacious floor area of 270 square meters and is set on a generous land of 1171 square meters. The exterior walls are constructed with mixed materials, while the roof is made of iron, both in mixed condition. It offers ample parking space with 8 carparks available. This property is located in a quiet cul-de-sac, ensuring a peaceful environment.
As for the financials, the capital value has shown a remarkable increase from $140,000 in 2019 to $280,000 in 2022, indicating a 100% growth. The HouGarden AVM estimates the property's value at $275,000. The latest sale history includes a transaction in 2024 for $350,000 and another in 1999 for $50,062, reflecting the property's consistent appeal over the years.
For families with school-going children, this property falls within the zones of Craighead Diocesan School, a secondary school with a decile rating of 9, and Roncalli College, also a secondary school with a decile rating of 7. These prestigious schools are a testament to the quality of education available in the area.
Updated on August 07, 2024