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126 Evans Street, Waimataitai, Timaru

Income potential on 911sqm (more or less)

gavel

Auction

House
House
Bedroom
3
Bathroom
1
Floor area
102m2
Land area
911m2
Title type
Freehold
On this page:

Auction

Friday
12:00pm
Level 1, 247 Stafford Street, Timaru
26
Jun

Property details

Listing # 5529767 | Listed on 22 May

Auction (unless sold prior) 12pm, Fri 26 Jun 2026
Held at BNZ Level 1, 247 Stafford Street, Timaru

Opportunity, income, and future potential — welcome to 126 Evans Street.
Positioned on a generous 911sqm (more or less) section, this property offers a rare chance to secure a home with serious upside. The existing three bedroom home is previously tenanted and while the interior could use some TLC, the potential here is undeniable — bring your vision, roll up your sleeves, and unlock the rewards.
What truly sets this property apart is the conditional building consent that has been approved to build an additional three bedroom home with an attached fully self contained one bedroom flat, opening the door to the possibility of three income streams on one site once completed.
For investors, developers, renovators, or multi generational families, the opportunities here are exciting.
The current three bedroom home has already had important upgrades completed including new carpet, a replaced corrugated iron roof, insulation, Healthy Homes approval, plus heating via heat pump and panel heater.
Elevated views over Timaru Port and Ashbury Park add even more appeal, all within close proximity to local amenities.
Properties with this level of potential are becoming harder to find, 126 Evans Street is your chance to secure today and build for tomorrow.

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Additional features

Style: Cottage
Roofing: Corrugated Iron
Exterior Cladding: Weatherboard
Lot Features: Fenced - Partial, Sloping

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