Nestled in the sought-after location of 23 White Street, Waimataitai, Timaru, this luxurious family home is a freehold property set on a spacious 1775m2 section. Built in 1950, the dwelling boasts a brick exterior, tiled roof, and an average condition for both walls and roof. It features 5 bedrooms, 2 carparks, and a generous floor area of 276m2. The capital value has seen a 20% increase from $750,000 in 2020 to $900,000 as of 2023, reflecting a sound investment. The property also includes a well-refurbished 4-room studio with a bathroom and living room, enhancing its appeal.
With a HouGarden AVM of $862,500 and a latest sale history of $990,000 in 2024 and $700,000 in 2017, this property offers a promising financial outlook. The open-plan kitchen and living area are drenched in natural light, flowing into a private outdoor area perfect for entertainment. Upstairs, two generous rooms, a tiled ensuite, and a balcony provide a serene retreat.
For families with school-aged children, the property falls within the zones of St Joseph's School (Decile 7), Mountainview High School (Decile 6), Craighead Diocesan School (Decile 9), Waimataitai School (Decile 6), and Roncalli College (Decile 7), ensuring access to quality education.
Updated on April 10, 2024