3/36 Te Ngawai Road, Pleasant Point, Timaru

Nestled in a serene cul-de-sac at 3/36 Te Ngawai Road, Pleasant Point, Timaru, this residential dwelling on a level contour boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1986 with a robust fibrous cement exterior and an iron roof in good condition, it sits on a cross-lease title. The interior spans a comfortable 85 square meters, and the property's capital value has seen a rapid increase from $285,000 in 2020 to $380,000 as of 2023, reflecting a growth rate of 33.33%.

With a HouGarden AVM of $362,500, the latest sale history includes transactions in 2013 for $192,500 and in 2002 for $85,000. These figures underscore the consistent appreciation of this property's value.

For families with school-aged children, the property falls within the catchment area of well-regarded schools. Pleasant Point Primary School is a full primary with a decile rating of 8, while St Joseph's School in Temuka is a full primary with a decile rating of 6. Additionally, Opihi College caters to years 9-15 with a decile rating of 5, Craighead Diocesan School is a secondary school with a decile rating of 9, and Roncalli College is a secondary school with a decile rating of 7.

Updated on October 25, 2024