113 Factory Road, Temuka, Timaru

Nestled on a level plot at 113 Factory Road, Temuka, Timaru, this charming 1910-built villa on freehold land offers a blend of traditional craftsmanship and modern luxury. The 3-bedroom residence, with a floor area of 106sqm and a land area of 1293sqm, features mixed-material walls and an iron roof in average condition. The property's capital value has seen a 30.77% decrease from $260,000 in 2020 to the current $180,000, though the HouGarden AVM estimates it at $240,000. Despite the CV change, the latest sales in 2023 and 2024 reflect a robust market with prices of $180,000 and $520,000 respectively.

With a new kitchen, bathroom, and upgrades like partial double glazing and gas cooking, the home is a perfect mix of comfort and convenience. The north-facing living areas and a spacious 57sqm deck enhance the appeal of this property, set in a quiet cul-de-sac. As for the educational facilities, St Joseph's School (Decile 6) and Opihi College (Decile 5) are in the zone, with Craighead Diocesan School (Decile 9) and Roncalli College (Decile 7) also accessible, making this a prime choice for families.

Updated on May 08, 2024