Nestled at 11 Stuart Street in the heart of Timaru Central, this industrial-light-manufacturing property is set on a generous 1235sqm of land. Built in 1960 with concrete walls and an iron roof, both in good condition, the property boasts 5 carparks and a floor area of 390sqm. It holds a Freehold title, ensuring full control and ownership.
With a significant increase of 56.1% in its Capital Value from $410,000 in 2020 to $640,000 in 2023, and a HouGarden AVM of $632,500, the property's latest sale history is marked by a transaction of $647,000 in 2024, a substantial leap from its $135,000 sale in 1999.
For families, the property falls within the zones of St Joseph's School (Full Primary, Decile 7), Craighead Diocesan School (Secondary, Year 7-15, Decile 9), Waimataitai School (Full Primary, Decile 6), Timaru South School (Full Primary, Decile 2), and Roncalli College (Secondary, Year 9-15, Decile 7), offering a range of educational options.
Updated on November 27, 2024