20 Alexandra Street, Temuka, Timaru

Discover the breathtaking transformation of this 3-bedroom home at 20 Alexandra Street, Temuka, Timaru. Nestled in a serene setting, this property boasts a plaster over poly construction with fibrous cement walls and an iron roof, reflecting its 1930s origin yet presenting an average condition today. The freehold property spans a floor area of 127 sqm on a level 491 sqm land, offering a blend of historical charm and modern living. Despite lacking a dedicated parking space, the property compensates with its spacious and meticulously renovated interiors, featuring an open-plan design that integrates the kitchen, dining, and lounge areas for a seamless living experience.

The property's capital value has seen a significant increase, from $250,000 in September 2020 to $330,000 in September 2023, marking a 32% growth. This is complemented by a HouGarden AVM of $320,000. The latest sale on January 17, 2024, astonishingly fetched $565,000, a testament to its desirability and the quality of renovations undertaken. Such a remarkable capital value increase underscores the property's investment potential and the thriving real estate market in Temuka.

Education is a priority, with the property situated within the zones of esteemed schools such as St Joseph's School (Temuka) with a decile rating of 6, Opihi College Years 9-15 (decile 5), Craighead Diocesan School (decile 9), and Roncalli College (decile 7). These schools offer a range of educational opportunities, from full primary to secondary (Year 7-15 and Year 9-15), ensuring a solid foundation for young residents.

Updated on April 06, 2024.