Nestled in the serene Waimataitai neighborhood of Timaru, this 1993-built residential unit at 2/52 Hobbs Street boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed with durable brick walls and an iron roof, both in good condition, this cross-lease property offers a level contour and a floor area of 90 square meters. The home units fall under the category of 'Residential - Ownership home units', ensuring a sense of community and shared responsibility among residents.
With a current Capital Value (CV) of $400,000 as of September 1, 2023, the property has shown a significant increase of 26.98% from its previous CV of $315,000 in 2020. The HouGarden AVM estimates the property's value at $382,500, while the latest sale record dates back to 1993 at $92,000, highlighting the property's appreciating value over time.
For families with school-going children, the property falls within the catchment area of several esteemed schools. St Joseph's School (Timaru) and Waimataitai School are both full primary schools with deciles of 7 and 6 respectively. Mountainview High School and Roncalli College cater to secondary students with deciles of 6 and 7, while Craighead Diocesan School, a secondary school with a decile of 9, offers a comprehensive education for students from Year 7 to 15.
Updated on October 25, 2024