Located at 119 Temuka-Orari Highway, Winchester, Timaru, this charming residential dwelling boasts 3 bedrooms, 1 bathroom, and 1 carpark, making it an ideal starter home or investment opportunity. The property spans a floor area of 92m² and sits on a generous land area of 1093m². With its freehold ownership type, the house features a modernised kitchen and bathroom, open plan living with a log burner, and a large fully fenced section. The exterior is finished with roughcast walls and an iron roof, both in average condition, reflecting the building's 1920 heritage. The level contour of the property adds to its appeal, complemented by an array of sheds and a tunnel house, situated in a handy location to Clandeboye, Temuka, and Geraldine, with Winchester Rural School just across the road.
The property has seen a significant increase in capital value, from $210,000 in September 2020 to $295,000 in September 2023, marking a 40.48% growth. The HouGarden AVM estimates its value at $290,000. Historical sales data reveals a sale for $190,000 in June 2016 and $140,000 in April 2007, indicating a steady appreciation over time.
In terms of education, the property is zoned for several reputable schools, including Winchester Rural School (Contributing, decile 7), St Joseph's School (Temuka) (Full Primary, decile 6), Opihi College Years 9-15 (Secondary, decile 5), Craighead Diocesan School (Secondary, decile 9), and Roncalli College (Secondary, decile 7), offering a range of options for families with children.
Updated on March 21, 2024.
