Nestled at 189 Church Street in the serene West End of Timaru, this residential dwelling is a charming representation of the classic 1960s architecture, featuring brick walls and an iron roof. It sits on a level plot of land, with a floor area of 219 square meters and a land area of 408 square meters. The property boasts 4 bedrooms, 2 car parks, and is held under the freehold title, ensuring full ownership rights. The condition of both the walls and roof is rated average, but the prime location and potential for value appreciation are second to none.
With a capital value (CV) of $425,000 as of September 1, 2023, this property has seen a substantial increase of 25% from its $340,000 CV in September 2020. The HouGarden AVM estimates the property's value at $422,500, while the latest sale on October 29, 2024, was recorded at $440,000, a significant jump from the previous sale in April 13, 2005, at $178,000.
For families with school-aged children, the property falls within the zones of several reputable schools. St Joseph's School (Timaru) is a full primary with a decile rating of 7. Craighead Diocesan School, a secondary school catering to Year 7-15, is rated at a decile of 9. Bluestone School, a full primary, has a decile rating of 5, while Roncalli College, a secondary school for Year 9-15, is rated at a decile of 7.
Updated on November 13, 2024