Nestled in a serene cul-de-sac at 2/187 Church Street, West End, Timaru, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Built in 1983, the property sits on a level contour with unknown wall and roof construction. While the specifics of the exterior and roof conditions are not available, the 90 square meter floor area provides ample living space. The property is held under a Cross-Lease title, adding a unique dimension to ownership.
As for the financials, the capital value has seen a rapid increase from $270,000 in September 2020 to $350,000 in September 2023, reflecting a 29.63% growth. The HouGarden AVM estimates the property's value at $342,500. Notably, the latest sale history includes a transaction in May 2024 for $351,000, a significant jump from the $157,000 sale in February 2005.
For families with school-aged children, the property falls within the zones of several reputable schools. St Joseph's School (Timaru) is a Full Primary with a decile rating of 7. Craighead Diocesan School caters to Secondary students (Year 7-15) and holds a decile rating of 9. Bluestone School is another Full Primary with a decile rating of 5, and Roncalli College serves Secondary students (Year 9-15) with a decile rating of 7.
Updated on July 26, 2024