16 Shere Street, Pleasant Point, Timaru

Nestled in the tranquil township of Pleasant Point, just outside Timaru, this charming 3-bedroom, 1-bathroom residence on 16 Shere Street offers a serene escape. Constructed in 1980 with durable brick walls and an iron roof, both in good condition, this freehold property sits on a 995sqm section with an easy/moderate rise contour. The interior boasts a spacious open-plan living area, bathed in natural light, with panoramic mountain views. The modern kitchen is a chef's delight, and the property includes a carpark and an optional fourth bedroom. The CV has seen a 32.08% increase from $530,000 in 2020 to $700,000 in 2023, while the HouGarden AVM estimates it at $670,000. The latest sale was in 2012 for $370,000. For families, the property falls within the decile 8 Pleasant Point Primary School zone and is close to several other well-rated schools. This is not just a home; it's an investment with a promising future.

Property investors will be pleased to know that the capital value has been on a steady rise, reflecting a strong market confidence. The recent government valuation of $700,000, along with the HouGarden AVM, indicates a sound investment opportunity. The property's history shows a sale in 2012 for $370,000, highlighting a significant appreciation over the years.

Educationally, the property is zoned for the esteemed Pleasant Point Primary School, rated decile 8, and is in proximity to St Joseph's School (decile 6), Opihi College (decile 5), Craighead Diocesan School (decile 9), and Roncalli College (decile 7), offering a range of educational options for families.

Updated on October 25, 2024