Nestled on 18 hectares, this idyllic four-bedroom home at 154 Spur Road, Hadlow, Timaru, boasts panoramic vistas from the ocean to the mountains. Constructed in 2000 with concrete walls and an iron roof, both in good condition, it offers a freehold title and a floor area of 260 square meters. The property, with a current Capital Value (CV) of $1,470,000, has seen a 22.5% increase since 2020. It features an open plan layout, a separate formal lounge, a covered verandah for entertainment, a double garage with an attached sleepout/office, productive soils, cattle yards, and a 3-bay lockable shed.
With a HouGarden AVM of $1,440,000 and recent sales history, including a sale in 2024 for $1,456,000, this property presents a sound investment. The land can be leased out if surplus to requirements, offering additional income potential.
For families, the property falls within the zones of several well-regarded schools, including Pleasant Point Primary School (Decile 8), St Joseph's School (Timaru) (Decile 7), Mountainview High School (Decile 6), Oceanview Heights School (Decile 2), Craighead Diocesan School (Decile 9), and Roncalli College (Decile 7), ensuring quality education options.
Updated on November 13, 2024