322 King Street, Temuka, Timaru

Nestled at 322 King Street, Temuka, Timaru, this charming residential dwelling is set on a level contour with a land area of 943 square meters. It boasts 2 bedrooms, a single carpark, and a generous floor area of 115 square meters. Constructed in 1920, the property features roughcast walls and an iron roof, both in fair condition. It is offered with the security of freehold title, ensuring long-term ownership and investment potential.

With a current Capital Value (CV) of $360,000 as of September 1, 2023, this property has shown a significant increase of 31% from its previous CV of $275,000 in 2020. The HouGarden AVM estimates the property's value at $352,500, while the latest sale history includes transactions in 2024 for $270,000 and in 2003 for $74,000, reflecting a consistent growth trend.

For families with school-aged children, the property falls within the catchment area of several reputable schools. St Joseph's School (Temuka) is a Full Primary with a decile rating of 6. Opihi College caters to Years 9-15 with a decile rating of 5, while Craighead Diocesan School and Roncalli College, both secondary schools, are rated 9 and 7 respectively in terms of decile.

Updated on August 08, 2024