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3 Park Lane, Highfield, Timaru, 5 Bedrooms, 3 Bathrooms, House

Sold: $800,000

Sold on 2024 Year 2024 Month 09 Day 27

3 Park Lane, Highfield, Timaru

5
3
430m2
1069m2

Nestled on a serene cul-de-sac at 3 Park Lane, Highfield, Timaru, this stately residence boasts a freehold title and a generous floor area of 430sqm. Constructed in 1910 with robust brick walls and tiled roofing, the home stands testament to the era's craftsmanship while offering modern comforts. It features five spacious bedrooms, three bathrooms, and a parking space, all meticulously maintained with a good wall and roof condition. The property sits on a level contour, encompassing a beautiful garden and courtyard that spans 1069sqm. With a capital value of $1,000,000 as of 2023, it has shown a growth of 11.11% from its 2020 valuation of $900,000. The HouGarden AVM estimates the property at $1,107,500, while the latest sales were recorded at $1,020,000 in 2021 and $955,000 in 2014.

For families, the property falls within the catchment of esteemed schools. St Joseph's School (Timaru) and Waimataitai School are both full primary schools with respective deciles of 7 and 6. Mountainview High School and Roncalli College cater to secondary students with deciles of 6 and 7, while Craighead Diocesan School, a secondary school, holds a decile rating of 9. This grand home not only promises a quality education for the children but also a life of convenience with its proximity to town, schools, and shops.

Boasting four heat pumps and underfloor heating, the residence is a perfect blend of classic charm and modern luxury. The kitchen is modern and spacious, ready to impress any culinary enthusiast. With its impressive size, attention to detail, and potential for further development, this property truly stands in a class of its own. Don't miss the opportunity to make this grand home your own.

Updated on September 27, 2024

Council Data

Last update : 2025 01 22
Improvement value$520,000Increased by 1% from year 2020
Land value$480,000Increased by 23% from year 2020
CV(Year 2023 Month 09)$1,000,000Increased by 11% from year 2020
DeckYes
View typeFocal Point Of view - Other
ContourLevel
Land area1069m²
Floor area430m²
Decade of construction1910
Title1040835
Type of titleFreehold
Legal descriptionLOT 3 DP 572689
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 3 DEPOSITED PLAN 572689,1069m2
ConstructionExternal Walls: Brick
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningRES 1

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Waimataitai School
0.54 km
Primary
1-8
Government
Co-Educational
EQI: 467
6
Craighead Diocesan School
0.54 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
St Joseph's School (Timaru)
1.36 km
Primary
1-8
Government
Co-Educational
EQI: 404
7
Mountainview High School
1.76 km
Secondary
9-15
Government
Co-Educational
EQI: 485
6
Roncalli College
1.83 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7

Property history

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For developers

Unitary plan:RES 1
Land:1069m²
Title:Freehold

Surrounding facilities

Park Lane Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
58 Rathmore Street, West End
0.25 km
4
2
197m2
Year 2024 Month 12 Day 12
-
Council approved
5 Nile Street
0.23 km
3
2
165m2
Year 2024 Month 10 Day 25
-
Council approved
5 Nile Street, Highfield
0.23 km
3
165m2
Year 2024 Month 10 Day 11
$805,000
Council approved
0.06 km
3
246m2
Year 2024 Month 09 Day 11
$2,000,000
Council approved
8/91 Wai-iti Road
0.13 km
2
1
70m2
Year 2024 Month 08 Day 05
-
Council approved

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