Nestled at 9 Rayner Street in the serene Pleasant Point, Timaru, this residential vacant land boasts a freehold title. While the specifics of the wall and roof construction remain unknown, the property stands on a level contour, promising a solid foundation for future development. With no information on the number of bedrooms, bathrooms, or carparks, this blank canvas presents a unique opportunity for customization.
As per the latest government valuation, the capital value has seen a remarkable increase from $128,000 in 2020 to $206,000 in 2023, showcasing a growth rate of 60.9%. HouGarden AVM estimates the property's worth at $185,000, while the latest sale history indicates a sale price of $180,000 in 2024 and $55,000 in 2006.
For families with school-going children, this property falls within the catchment area of several reputable institutions. Pleasant Point Primary School boasts a decile rating of 8, St Joseph's School (Temuka) a rating of 6, Opihi College caters to Years 9-15 with a decile rating of 5, Craighead Diocesan School stands at a rating of 9, and Roncalli College at a rating of 7.
Updated on December 11, 2024