5c The Terrace, Timaru, Timaru

Nestled at 5c The Terrace, Timaru, this residential ownership home unit is a 3-bedroom, 2-bathroom townhouse with a carpark for two. Constructed in 1983 with a fibrous cement roof and mixed materials for the walls, it presents a good condition both inside and out on a level contour. The property, with a floor area of 166 square meters, holds a Unit Title and is set in a serene cul-de-sac, providing an inviting atmosphere with stunning harbour and ocean views.

As per the latest records, the capital value has seen a growth of 23.64%, increasing from $550,000 in September 2020 to $680,000 in September 2023. The HouGarden AVM estimates the property at $685,000, with the most recent sales in August 2024 and April 2017 at $650,000 and $520,000 respectively.

For families with school-going children, the property falls within the catchment area of reputable schools such as St Joseph's School (Decile 7), Craighead Diocesan School (Decile 9), Waimataitai School (Decile 6), and Roncalli College (Decile 7). This townhouse is not just a home but an opportunity to live in a thriving community with quality education.

Updated on September 25, 2024