108 North Street, Seaview, Timaru

Nestled at 108 North Street, Seaview, Timaru, this commercial property is set on a generous 859sqm of land within a quiet cul-de-sac. It boasts a floor area of 180sqm, with ample parking spaces for three cars. The freehold property features roughcast walls in good condition and an iron roof that's同样 well-maintained. This property has seen a significant increase in its capital value, rising from $355,000 in September 2020 to its current valuation of $388,000 as of September 2023, indicating a growth rate of 9.30%.

Reflecting its market worth, the HouGarden AVM estimates the property's value at $392,500. The latest sale history is notable, with a transaction in August 2024 for $457,000, a substantial leap from the previous sale in February 1998 for $115,000.

For families, 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, a secondary school, is rated 9 on the decile scale. Other options include Waimataitai School (decile 6), Timaru South School (decile 2), and Roncalli College (decile 7), catering to various educational needs.

Updated on September 04, 2024