9 Luxmoore Road, Waimataitai, Timaru

Located at 9 Luxmoore Road, Waimataitai, Timaru, this residential dwelling boasts a brick and tile construction with a floor area of 150m2 and sits on a generous land area of 883m2. The property, built around 1950, features three bedrooms, a tidy kitchen with a dishwasher and dining area, and a separate living area that opens to a sunny patio with views of the hills. The bathroom includes a shower over the bath, suitable for children. It also offers a large double garage with workshop space and a car pit, ideal for mechanics. The property's wall and roof conditions are rated as average, and it is positioned on an easy/moderate fall contour. Ownership is freehold, ensuring full ownership rights to the land and dwelling.

The capital value (CV) of this property has seen a significant increase, from $305,000 in September 2020 to $390,000 in September 2023, marking a 27.87% growth. The latest sale in December 2023 recorded a price of $415,000, while the HouGarden AVM estimates the property's value at $372,500. This demonstrates the property's strong market performance and potential for further appreciation.

The property is well-placed within several school zones, offering a range of educational options. St Joseph's School (Timaru) and Grantlea Downs School, both full primary schools, have deciles of 7 and 5, respectively. For secondary education, Mountainview High School and Roncalli College provide options for years 9-15, with deciles of 6 and 7. Craighead Diocesan School, offering education from years 7-15, stands out with a decile of 9, indicating high educational quality.

Updated on April 06, 2024.