1/207 King Street, Temuka, Timaru

Located at 1/207 King Street, Temuka, Timaru, this residential ownership home unit is a perfect choice for those looking to downsize and live closer to the Temuka township. The property features two bedrooms, a spacious open plan living area with a heat pump for heating, a conservatory for relaxation, and one bathroom. It also includes a laundry area with ample storage and a single internal access garage. Constructed in 1980 with concrete walls in good condition and a tiled roof also in good condition, this property sits on a level contour and is a cross-lease ownership type. The floor area is 113 square meters, and it is designed to block out traffic noise, being a rear unit of two with two additional units in front.

The capital value of the property has seen a significant increase, from $245,000 on September 1, 2020, to $325,000 on September 1, 2023, marking a 32.65% growth. The latest sale on January 8, 2024, was at $345,000, up from $215,000 on July 17, 2015. The HouGarden AVM estimates the property's value at $315,000.

The property is zoned for several schools, including St Joseph's School (Temuka) with a decile rating of 6, Opihi College Years 9-15 with a decile of 5, Craighead Diocesan School with a decile of 9, and Roncalli College with a decile of 7, offering a range of educational options for families.

Updated on April 06, 2024.