Nestled in a serene cul-de-sac at 198 Wai-Iti Road, Highfield, Timaru, this freehold property boasts a charming 1930's construction with roughcast walls and tiled roofing. The dwelling, with an average condition for both walls and roof, sits on an easy-to-moderate fall contour and offers 104 square meters of floor area, three bedrooms, and a single carpark. Its capital value has seen a significant increase of 23.94% from $355,000 in 2020 to $440,000 as of 2023.
Reflecting its growing value, the property's HouGarden AVM stands at $402,500, while the latest sale history shows a transaction at $420,000 in 2024, following a previous sale at $305,000 in 2016. These numbers are a testament to the property's appeal and investment potential.
For families with school-aged children, the property falls within the catchment area of several well-regarded schools. St Joseph's School and Highfield School are both full primary schools with a decile rating of 7. Mountainview High School and Roncalli College cater to secondary students, with decile ratings of 6 and 7 respectively, while Craighead Diocesan School, a secondary school with a decile rating of 9, offers an exceptional educational opportunity.
Updated on December 18, 2024