Located at 80 Meadows Road, Washdyke, Timaru, this industrial - vacant property offers a unique opportunity for business owners looking to build or relocate. With a land area of 814 sqm and a floor area of 82 sqm, the property is situated on a level contour and boasts a freehold ownership type. Despite the unknown conditions of the wall and roof constructions, its potential for development into a thriving business site is undeniable.
Over the past few years, the property has seen a significant increase in its capital value, rising from $200,000 in September 2020 to $270,000 in September 2023, marking a 35% increase. The latest HouGarden AVM estimates the property's value at $265,000. Historically, the property was last sold on June 19, 1998, for $55,000, highlighting its substantial value growth over time.
For families considering the educational opportunities in the area, the property is zoned for several reputable schools, including St Joseph's School (Timaru) and Mountainview High School, with decile ratings of 7 and 6, respectively. Other nearby schools include Grantlea Downs School, Craighead Diocesan School, and Roncalli College, offering a range of educational options for children of all ages.
Updated on March 22, 2024.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
1.28 km | 0m2 | 2024 10 26 | $250,000 | Council approved | ||||
 | 0.75 km | 3 | 101m2 | 2024 10 24 | $440,000 | Council approved | ||
1.56 km | 0m2 | 2024 10 14 | $250,000 | Council approved | ||||
1.81 km | 3 | 151m2 | 2024 10 11 | $785,000 | Council approved | |||
 | 0.28 km | 4 | 2 | 160m2 | 2024 08 19 | $720,000 | Council approved |