Located at 158 Coach Road, Orari, Timaru, this lifestyle-improved property boasts 3 bedrooms, a spacious floor area of 137 square meters, and a vast land area of 3968 square meters. The freehold property features concrete walls and an iron roof, both in average condition, reflecting its 1940s construction. The level contour of the property, along with its 2 car parks, makes it an appealing choice for families seeking space and comfort.
Over the years, the capital value of this property has seen a significant increase, from $415,000 in September 2020 to $530,000 in September 2023, marking a 27.71% growth. The HouGarden AVM estimates its value at $520,000. Notably, the property was last sold for $638,000 in February 2024, a substantial rise from its $320,000 sale price in January 2015.
The property is well-positioned within excellent school zones, including Geraldine High School and Craighead Diocesan School, both with a decile rating of 8 and 9 respectively. Other nearby schools include Geraldine Primary School, Winchester Rural School, St Joseph's School (Temuka), and Roncalli College, offering a range of educational options for families.