Nestled in the serene Marshland area of Christchurch, 21 Timara Crescent is a vacant residential property set on a levelled contour. It boasts a freehold title, offering potential buyers the security of full ownership. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property presents a blank canvas for development. Both the wall and roof construction are currently unknown, adding to the intrigue of this property's untapped potential. With a land area of 442 square meters, it is situated in a quiet cul-de-sac, ensuring peace and privacy.
As for the financials, the property's Capital Value has seen a significant increase from $235,000 in August 2019 to $410,000 as of August 2022, reflecting a growth rate of 74.47%. The HouGarden AVM estimates the property's value at $397,500, closely aligning with the latest sale price of $390,000 in June 2024. These figures indicate a stable and appreciating investment in the real estate market.
For families with educational considerations, this property falls within the catchment area of several well-regarded schools. Middleton Grange School, catering to Years 11-13, is a composite school with a decile rating of 9. Emmanuel Christian School, for Years 1-10, is another composite school with a decile rating of 8. Marshland School is a full primary school with a decile rating of 9. Additionally, there are Mairehau High School, Hagley Community College, and Marian College, all of which are secondary schools with varying decile ratings, providing a range of educational options.
Updated on August 01, 2024