Nestled on a level contour at 167 Driscoll Road, Levels Valley, Timaru, this Lifestyle - Improved property boasts a freehold title, constructed in 1994 with iron walls and roof, both in good condition. It offers a floor area of 153 square meters, sits on a generous 20,000 square meter section, and provides ample parking with 3 car parks. The property's capital value has seen a rapid increase, reflecting a promising investment opportunity.
As per the valuation records, the property's capital value has surged from $630,000 in September 2020 to $840,000 in September 2023, marking a 33.33% increase. The HouGarden AVM estimates the property's worth at $775,000, while the latest sale history shows a transaction at $750,000 in October 2024, a significant jump from the $305,000 sale in March 2005.
For families with school-aged children, the property falls within the catchment area of several reputable schools. These include Pleasant Point Primary School, a full primary with a decile rating of 8, St Joseph's School (Temuka) with a decile rating of 6, Opihi College Years 9-15, a secondary school with a decile rating of 5, Craighead Diocesan School with a decile rating of 9, and Roncalli College with a decile rating of 7, ensuring a range of educational options.
Updated on December 18, 2024