Nestled in the serene landscape of Scarborough, Timaru, the property at 59 Scarborough Road is a quintessential lifestyle haven. This freehold property boasts a spacious floor area of 320 square meters, set on a sprawling land area of 15,000 square meters. The house, constructed in 2000, features five bedrooms and is complemented by roughcast walls and an iron roof, both in good condition. The level contour of the property adds to its charm, making it an ideal choice for families seeking a blend of comfort and outdoor living.
Over the past few years, the property has seen a significant increase in its capital value, growing from $1,080,000 in September 2020 to $1,310,000 by September 2023, marking a 21.3% increase. This growth is supported by a HouGarden AVM estimate of $1,255,000. The property's value is further evidenced by its recent sale history, with transactions recorded at $1,165,000 in January 2024 and $1,167,500 in November 2021.
Education is a priority for families, and this property does not disappoint. It is zoned for several reputable schools, including St Joseph's School (Timaru) and Roncalli College, both with a decile rating of 7, Craighead Diocesan School with a decile of 9, and Timaru South School with a decile of 2. These schools offer a range of educational opportunities for children of all ages, from full primary to secondary levels.
Updated on April 06, 2024.