Located at 47 Taiko Hall Road, Levels Valley, Timaru, this unique property, categorized as Specialist - Deer, offers a distinctive opportunity for those interested in farming. While the specifics regarding bedrooms and floor area remain unspecified, the property boasts a single bathroom and no designated car parks, spread across a vast land area of 337,299 square meters. Emphasizing its appeal, the property is under Freehold ownership, ensuring complete control over the land. Despite the unknown details about the building's age, roof, and wall construction and condition, its potential is undeniable.
From a financial perspective, the property has seen a notable increase in capital value, growing from $550,000 on September 1, 2020, to $640,000 on September 1, 2023, marking a 16.36% rise. This growth is supported by a HouGarden AVM estimate of $572,500. The property's sale history further underscores its value, with transactions recorded at $585,100 on February 18, 2022, and $315,000 on April 1, 2005. This trajectory highlights the property's increasing appeal and potential for investment.
The property is situated within a favorable school zone, offering access to a range of educational institutions with varying decile ratings. These include Barton Rural School and Gleniti School, both rated decile 9, Pleasant Point Primary School at decile 8, and Roncalli College at decile 7. Additionally, it is zoned for St Joseph's School (Temuka) and Mountainview High School, each with a decile rating of 6, and Opihi College Years 9-15 at decile 5. This diverse selection of schools provides ample educational opportunities for residents.