Nestled at 77 Main Road, Pleasant Point, Timaru, this commercial property with a motor vehicle focus is set on a generous 670sqm of land. It boasts an impressive 310sqm of floor area and is complemented by an iron roof and concrete walls in average condition. As a freehold property, it presents a solid investment opportunity.
Notably, the capital value has seen a growth of 10.71% from $280,000 in September 2020 to $310,000 in September 2023. The HouGarden AVM estimates the property's value at $285,000, while the latest sale history includes transactions in 2024 for $245,000 and in 1996 for $82,000.
For families, the property falls within the catchment area of several reputable schools. These include Pleasant Point Primary School with a decile rating of 8, St Joseph's School (Temuka) at decile 6, Opihi College for Years 9-15 at decile 5, Craighead Diocesan School at decile 9, and Roncalli College at decile 7.
Updated on December 04, 2024