Nestled at 14 Rhodes Street, Pareora, Timaru, this residential dwelling is a charming example of a 1930s construction. It sits on a level plot of land, covering an area of 1012 square meters. The house boasts 3 bedrooms and a floor area of 136 square meters. Constructed with wooden walls in average condition and an iron roof in good condition, this freehold property offers a solid foundation for potential growth. Its capital value has seen a remarkable increase from $240,000 in 2020 to $305,000 as of 2023, reflecting a growth rate of 27.08%.
With a HouGarden AVM of $295,000, the property's latest sale history includes transactions in 2009 for $125,000 and in 2007 for $22,000, indicating a steady rise in value over the years.
For families with school-aged children, the property falls within the zones of St Andrews School (Decile 4) and St Joseph's School (Decile 7) for primary education, while secondary options include Craighead Diocesan School (Decile 9) and Roncalli College (Decile 7), ensuring a high standard of education.
Updated on October 25, 2024