Nestled in the serene landscape of Pleasant Point, Timaru, the property at 74 Clarkson Road is a unique lifestyle opportunity awaiting its new owner. This vacant land spans an impressive 15,205 square meters, offering ample space for building a dream home or developing a bespoke project. The property is characterized by its level contour, making it an ideal canvas for various architectural designs. Despite the unknown specifics regarding its wall and roof construction, the freehold title ensures unrestricted ownership, presenting a blank slate for creative endeavors.
Over the recent years, the property has seen a significant increase in its capital value, jumping from $220,000 in September 2020 to $360,000 by September 2023, marking a 63.64% growth. This surge reflects the area's growing appeal and the potential for investment returns. The latest sale records further underscore this trend, with the property last changing hands for $310,000 in January 2024, up from $190,000 in August 2020. The HouGarden AVM estimates its value at $352,500, indicating a stable market perception.
Education is a cornerstone of the Pleasant Point community, with the property falling within the zones of several reputable schools. Pleasant Point Primary School (decile 8) and St Joseph's School (Temuka) (decile 6) cater to full primary education, while Opihi College (decile 5), Craighead Diocesan School (decile 9), and Roncalli College (decile 7) offer comprehensive secondary education options. These schools not only provide quality education but also contribute to the area's family-friendly atmosphere.