Nestled in a serene cul-de-sac at 46/2 Arthur Street, Seaview, Timaru, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1972 with iron roofing and concrete walls, both in average condition, the property sits on an easy/moderate rise contour. It offers a comfortable floor area of 67 square meters and is held under a Cross-Lease title.
As for the financials, the capital value has shown a significant increase from $225,000 in September 2020 to $300,000 in September 2023, reflecting a growth rate of 33.33%. The HouGarden AVM estimates the property's worth at $275,000, while the latest sale records from October 2024 indicate a transaction at $285,000, a substantial leap from the $150,000 sale in June 2009.
For families with school-aged children, the property falls within the catchment area of several reputable schools. St Joseph's School (Timaru) is a Full Primary with a decile rating of 7. Craighead Diocesan School caters to Secondary students (Year 7-15) and holds a decile rating of 9. Additionally, Waimataitai School is a Full Primary with a decile rating of 6, Timaru South School is a Full Primary with a decile rating of 2, and Roncalli College serves Secondary students (Year 9-15) with a decile rating of 7.
Updated on December 11, 2024