Aerial · LINZ aerial
Title boundary · 5,142 m² · LINZ
Unclaimed

63A Mill Road, Waimate

Waimate District

Enquiries Over $907,500

  • 2
  • 2
  • 7
  • 100m²
  • 5,151 m²
  • House
  • 1 Lounge
  • 1 Dining room
  • Ensuite
  • Separate laundry
  • Workshop
  • 3 Garage
  • 4 Off-street parks
  • Deck / patio
  • Garden shed
Fencing
Fully Fenced
Views
Bush, Private, Rural
Aspect
Northerly
Insulation
Ceiling, Floor, Walls
Roof
Coloured Steel
Hot water
Electric
Water supply
Town
Sewage
Mains

Simply Splendid - Location, Lifestyle & Luxury

Tucked away in a leafy enclave, well-removed from the hustle and bustle, this sublime private sanctuary offers a rare combination of architectural design, natural surroundings and effortless wellbeing.

Designed by First Light Architectural Studio, this thoughtfully conceived home embraces calm, comfort and a cohesive way of living. Quality materials and considered details feature throughout, including Finnish Birch linings, Marmoleum flooring, Terra Lana insulation, diesel heating, Argon-filled PVC window joinery and doors, plus wind-sensor electric blinds and awnings.

The beautifully appointed interior includes a custom kitchen with stone benchtop, two bedrooms and two bathrooms, creating a home that is both stylish and highly functional.

Outside, extensive Abodo decking and terracing extend the living spaces into the surrounding park-like grounds. A separate support building incorporates a sauna and spa, laundry and garaging, hobbies and additional storage while a further detached campervan shed with automatic door provides for one's boat, camper or caravan.

Set amongst other quality properties and adjoining the Waimate Creek, the expansive grounds provide a wonderfully green and open outlook that perfectly complements the home. Privacy, space and a strong connection to nature are hallmarks of this exceptional property.

And then there is the location. Town is just a short drive or an enjoyable stroll away, while Waimate itself provides an enviable central base for exploring the Waitaki hydro lakes, Oamaru, Timaru and Central Otago.

A prosperous country town with a friendly, welcoming community, Waimate is experiencing a genuine renaissance and offering an increasingly attractive lifestyle for those seeking space, community and convenience.

Come and discover what locals already know - Waimate is wonderful, and deservedly known as the Centre of the South.

Please be aware the floor and land area information has been sourced from Property Smarts and we have not been able to verify the accuracy of the same.

OwnBetter estimate
$893k
Medium confidence

We estimate it would sell for $893,000 as at 5 October 2026, in a range of $763,000 to $1,020,000.

Typical home in Waimate
$433k
The median of our estimates of its 2,135 homes
How we worked this out
Council valuation, Jun 2025$880,000
Market movement in Waimate District since the council valuation+0.7%
Apartments and houses in Waimate District+0.2%
How Waimate sells against council values+0.1%
Homes of this age in Waimate+0.9%
Homes in this price range−0.2%
Land as a share of the value+0.3%
Nearby recent sales (15)−0.6%
Our estimate$893,000

We start from the council's rating valuation, move it by how sales in the area have moved since against their own council values, then by how properties like this one, nearby sales have done against the same arithmetic. Each step is an average of real sales. Tested every month against sales we had not seen: half land within about 6% of our estimate, and about 8 in 10 within the range. This is an automated estimate, not a registered valuation.

My notes
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What it costs to live here

Home expense estimates

—a month, all in

Estimates from the floor area and typical New Zealand prices, not quotes. Power, gas and internet details from the Electricity Authority and Gas Industry Co registries and Chorus.

Investor insights

63A Mill Road as a rental

Rent estimate$720/wk$620–$830 · Little evidence
Gross yield4.2%$37,440 a year on $893k
Net yield3.5%After $6,624 of costs
Cash flow−$129/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $720
Property manager
Rent, 52 weeks$37,440
Empty between tenants 2 weeks
Property management 9.2% incl. GST
Maintenance 5% of rent
Council rates this year
Landlord insurance the building
Net income before interest$30,816
Interest $625,100 at 6.00%, interest only−$37,506
Cash flow before tax−$6,690
Cash flow a week−$129
Gross / net yield on the price4.2% / 3.5%
Return on equity cash flow on the deposit, before tax−2.5%
Loses money above this interest rate, before tax4.93%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 4.93%. That is -2.5% a year on a $268k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area100 m²
  • Land area5,151 m²
  • Decade built2010s
  • Bedrooms3
  • Bathrooms1
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilWaimate District
  • Valuation #25220-68002
  • Valuation date1 Jun 2025

From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.

  • Title number820962
  • Title typeFreehold
  • Legal descriptionLot 3 Deposited Plan 520458
  • Beside a river or lake39 m of boundary meets a river or lake bed with no title
Registered instrumentsChecking the register… See the title summary →

Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.

Getting around

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Building consents

We hold no building consents for this property yet. The council may hold records we have not seen.

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Zoning and hazards

What the council's published maps say about this land. A map is a model of a storm, not a record of one: a LIM or a flood report says more.

Reading the council's maps…

What could you build here?

See whether a granny flat fits beside the house: the Building Act exemption, the national granny flat rules and the zone’s own. Then ask builders to price the shape you pick.

About Waimate

Waimate District
2,767
Properties on the rating roll
10 Jun 2026
Last council revaluation

Counts describe the records we hold for this territorial authority, not a market forecast. Our estimate above is automated, not a registered valuation; how it was reached is shown with it. Every council figure on this page can be checked against the council's own record.

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