Nestled in a serene cul-de-sac at 5 Burke Street, Pleasant Point, Timaru, this 1973-built, freehold property boasts 3 bedrooms, a single carpark, and a floor area of 109 square meters on a levelled 968 square meter section. The home features wooden exterior walls, an iron roof, and an average condition throughout, offering a cozy living space with an open-plan design perfect for family life or entertaining. The property's Capital Value (CV) has seen a 33.33% increase from $300,000 in 2020 to $400,000 as of 2023, while the HouGarden AVM estimates it at $392,500. The latest sale was recorded at $445,000 in 2024, a significant jump from the $63,500 sale in 2002. This home is ideal for those seeking a sound investment with potential for further value appreciation.
For families with school-aged children, the property falls within the zones of several well-regarded institutions. Pleasant Point Primary School is a full primary with a decile rating of 8, while St Joseph's School (Temuka) is a full primary with a decile rating of 6. Opihi College caters to years 9-15 with a decile rating of 5, Craighead Diocesan School is a secondary school with a decile rating of 9, and Roncalli College is a secondary school with a decile rating of 7. These schools offer a range of educational options for children of different ages.
Whether you're looking for a nesting place or a strategic investment, this property presents a secure and private haven with ample space for children and pets to play, and a double garage for storage or DIY projects. Its tranquil environment and convenient location make it a home you'll be proud to own.
Updated on August 28, 2024