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98 King Street, Redruth, Timaru, 3 bedrooms, 0浴, Section

Sold: $175,500

2024年03月11日售出

98 King Street, Redruth, Timaru

3
310m2
1733m2
$4,456/Monthly repayments
Based on estimate value

Located at 98 King Street, Redruth, Timaru, this industrial property offers a unique opportunity for light manufacturing with its 310m² floor area and expansive 1733m² freehold land. Built in 1960, the property features concrete walls and an iron roof, both in average condition, making it a sturdy choice for business operations. Despite its industrial designation, the property's spacious land area presents a fantastic chance to develop or expand, catering to a variety of business needs.

Over the past few years, the property has seen a significant increase in capital value, rising from $550,000 in September 2020 to $750,000 in September 2023, marking a 36.36% growth. This growth is supported by a HouGarden AVM estimate of $740,000. Historical sales data reveals a steady increase in value, with sales in 2011 and 2015 at $450,000 and $400,000 respectively, highlighting the property's appreciating value in the market.

The property is situated within the vicinity of several reputable schools, offering a range of educational opportunities. St Joseph's School (Timaru) and Roncalli College, both with a decile rating of 7, provide quality primary and secondary education. Craighead Diocesan School, with a higher decile rating of 9, caters to secondary students, while Timaru South School, with a decile rating of 2, also serves the area. This diverse educational landscape ensures access to quality education for families and employees in the area.

Updated on March 21, 2024.

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Council Data

Last update : 2024 05 01
Improvement value$260,000Increased by 36% from year 2020
Land value$490,000Increased by 36% from year 2020
CV(Year 2023 Month 09)$750,000Increased by 36% from year 2020
土地面积
土地面积1733m²
建筑面积
建筑面积310m²
建造年代
建造年代1960
地契编号
地契编号CB34B/711
地契类型
地契类型Freehold
法律描述
法律描述LOTS 37 38 DP 3490
市议会
市议会Timaru
产权描述
产权描述FSIM,1/1,LOT 37-38 DEPOSITED PLAN 3490,1731m2
建筑规格
建筑规格External Walls: Concrete Roof: Iron
建筑现况
建筑现况External Walls: Average Roof: Average
城市规划
城市规划IND L

School zones

Name
Distance
类型
Year
属性
Gender
Score
Decile
Timaru South School
1.08 km
Primary
1-8
Government
Co-Educational
EQI: 515
2
Roncalli College
1.62 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7
Craighead Diocesan School
3.57 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
St Joseph's School (Timaru)
4.59 km
Primary
1-8
Government
Co-Educational
EQI: 404
7

Property history

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For developers

Unitary plan:IND L
Land:1733m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

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