Nestled at 5 Seaview Terrace, Seaview, Timaru, this residential dwelling is a charming 3-bedroom property on a Freehold title. Constructed in 1930 with wood exterior walls and an iron roof in good condition, it offers a floor area of 180 square meters and is set on a steeply contoured section of 546 square meters. The property boasts an ample 5-car parking space. With an average wall condition, this home presents a cozy and inviting living environment.
As for the financials, the Capital Value (CV) has seen a significant increase from $440,000 in 2020 to $540,000 in 2023, indicating a growth rate of 22.73%. The HouGarden AVM estimates the property's value at $535,000, while the latest sale on September 18, 2024, was at $489,250, highlighting a potentially sound investment opportunity.
Educationally, the property falls within the zones of St Joseph's School (Timaru), a Full Primary with a decile rating of 7, Craighead Diocesan School, a Secondary school (Year 7-15) with a decile rating of 9, Waimataitai School, a Full Primary with a decile rating of 6, and Roncalli College, a Secondary school (Year 9-15) with a decile rating of 7, ensuring a range of quality educational options for the family.
Updated on November 13, 2024