Nestled at 4 Totara Street in the serene Pleasant Point, Timaru, this residential dwelling on a freehold title boasts 5 bedrooms and a spacious floor area of 270 square meters. Constructed in 1981 with a mix of materials for the walls and tiles for the roof, the property stands firm with a good wall and roof condition. It sits on a levelled contour with a land area of 2023 square meters, offering a peaceful environment in a quiet cul-de-sac. Notably, it includes a heat pump for comfort and a single garage for convenience.
With a capital value of $630,000 as of September 1, 2023, this property has seen a remarkable increase of 32.63% from its previous CV of $475,000 in 2020. The HouGarden AVM estimates the property's value at $622,500, while the recent sales history remains a testament to its investment potential. Currently tenanted at $340 per week, this property presents a golden opportunity for investors.
For families with children, the property falls within the catchment area of several esteemed schools. Pleasant Point Primary School boasts a decile rating of 8, St Joseph's School (Temuka) a rating of 6, Opihi College Years 9-15 a rating of 5, Craighead Diocesan School a rating of 9, and Roncalli College a rating of 7. These schools cater to various educational needs and are a significant highlight for this property.
Updated on November 13, 2024