Nestled at 58 Orbell Street in the serene Highfield suburb of Timaru, this residential dwelling boasts a freehold title on a level plot of land. Constructed in 1910 with mixed materials for the walls and iron for the roof, the property enjoys an average condition for both. It features 4 bedrooms, a single carpark, and a generous floor area of 157 square meters on a land area of 920 square meters. The capital value has seen a significant increase of 24.21% from $475,000 in 2020 to $590,000 as of 2023.
As for valuations, the property's HouGarden AVM stands at $572,500, with the latest sale recorded on June 25, 2024, at $565,000. These figures reflect a promising investment opportunity in this quiet cul-de-sac.
For families with school-aged children, the property falls within the catchment area of several well-regarded schools. St Joseph's School and Highfield School are both full primary schools with a decile rating of 7. Mountainview High School and Roncalli College cater to secondary students, rated at 6 and 7 respectively, while Craighead Diocesan School offers a secondary education with a decile rating of 9.
Updated on August 14, 2024