Nestled in the heart of Temuka, Timaru, the property at 2 John Bull Place offers a serene family living experience with its 3 bedrooms and a single carpark, spread over a generous floor area of 150 square meters and a sprawling land area of 939 square meters. This freehold residential dwelling, constructed in 1975, features mixed materials for walls and an iron roof, both in average condition, set on a level contour, presenting a blend of durability and comfort.
Over the years, the capital value of this property has seen a significant increase, from $340,000 in September 2020 to $435,000 in September 2023, marking a 27.94% growth. This is complemented by a HouGarden AVM estimate of $427,500. The latest sale recorded on February 8, 2024, was at $270,000, highlighting the property's appreciating value in the real estate market.
The property is zoned for several reputable schools, ensuring quality education for residents. St Joseph's School (Temuka), a full primary school, has a decile rating of 6. Opihi College and Roncalli College, catering to years 9-15, have decile ratings of 5 and 7, respectively. Craighead Diocesan School, another secondary option for years 7-15, stands out with a decile rating of 9, offering excellent educational opportunities in the vicinity.