Located at 98 King Street, Redruth, Timaru, this industrial property offers a unique opportunity for light manufacturing with its 310m² floor area and expansive 1733m² freehold land. Built in 1960, the property features concrete walls and an iron roof, both in average condition, making it a sturdy choice for business operations. Despite its industrial designation, the property's spacious land area presents a fantastic chance to develop or expand, catering to a variety of business needs.
Over the past few years, the property has seen a significant increase in capital value, rising from $550,000 in September 2020 to $750,000 in September 2023, marking a 36.36% growth. This growth is supported by a HouGarden AVM estimate of $740,000. Historical sales data reveals a steady increase in value, with sales in 2011 and 2015 at $450,000 and $400,000 respectively, highlighting the property's appreciating value in the market.
The property is situated within the vicinity of several reputable schools, offering a range of educational opportunities. St Joseph's School (Timaru) and Roncalli College, both with a decile rating of 7, provide quality primary and secondary education. Craighead Diocesan School, with a higher decile rating of 9, caters to secondary students, while Timaru South School, with a decile rating of 2, also serves the area. This diverse educational landscape ensures access to quality education for families and employees in the area.
Updated on March 21, 2024.
거리 주소 | 거리 | 침실 수 | 욕실 수 | 건축 면적 | 판매 시간 | 판매 가격 | 데이터 소스 | |
|---|---|---|---|---|---|---|---|---|
 | 3.52 km | 3 | 1 | 93m2 | 2024년 11월 12일 | - | Council approved | |
| 3.52 km | 3 | 1 | 93m2 | 2024년 11월 01일 | $340,000 | Council approved | |
 | 0.66 km | 5 | 1 | 160m2 | 2024년 10월 01일 | - | Council approved | |
 | 0.47 km | 3 | 1 | 100m2 | 2024년 09월 27일 | - | Council approved | |
0.47 km | 4 | 143m2 | 2024년 09월 23일 | $573,000 | Council approved |