70 Cherry Tree Lane, Waitui is a 4 bedroom, 1 bathroom House with 3 parking spaces and was built in 1913. The property has a land size of 85320m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Just the address sets the scene for this rare and special property. Situated in one of the prettiest valleys on the eastern seaboard the 110 year old home is steeped in history.
Perched on a hill at the end of the road with large gardens, trees and privacy, yet the 8.53 Hectares are highly fertile and capable of supporting any agricultural adventure.
Improved river flats front the Stewarts river and there is a 26 megalitre irrigation licence. The 4 bedroom home is timberlined inside and out with large verandahs, high ceilings and large deck with views across the valley and mountains beyond.
Retired owner has already made plans to move so all genuine offers will be considered.
The size of Waitui is approximately 15.6 square kilometres. It has 3 parks covering nearly 31% of total area. The population of Waitui in 2011 was 422 people. By 2016 the population was 96 showing a population decline of 77.3% in the area during that time. The predominant age group in Waitui is 60-69 years. Households in Waitui are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Waitui work in a professional occupation. In 2011, 87.7% of the homes in Waitui were owner-occupied compared with 90.7% in 2016..
Waitui has 51 properties. Over the last 5 years, Houses in Waitui have seen a 107.25% increase in median value. As at 30 September 2024:
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