Nestled on Landsborough Road, Otipua Creek, Timaru, this property boasts a serene and expansive 109,425 sqm of level land under a freehold title. While specific details about the number of bedrooms and the floor area are not available, the property includes a single bathroom and lacks designated carparks. Both the walls and roof are of an unknown construction and condition, adding a touch of mystery to this pastoral finishing category home.
With a government valuation (CV) of $540,000 as of September 2023, the property has shown a significant increase of 28.57% from its $420,000 valuation in September 2020. HouGarden AVM estimates the property's worth at $547,500, closely matching the latest sale price of $537,500 on August 29, 2024, a notable jump from the previous sale of $420,000 on July 23, 2020.
For families with school-aged children, the property falls within the zones of several high-performing schools. Barton Rural School and Craighead Diocesan School both carry a decile rating of 9, while St Joseph's School (Timaru) and Roncalli College are rated at a decile of 7, indicating a strong educational community in the area.
Updated on October 16, 2024