690 Seadown Road, Seadown, Timaru

Nestled between Timaru and Temuka on Seadown Road, this 1.3450ha family-friendly property is a charming freehold estate. Constructed in the 1970s with concrete walls and an iron roof, both in good condition, it boasts four bedrooms, a modernized bathroom with separate toilet, a spacious open-plan living area, a second living space, and a two-car garage with internal access. The home is equipped with two heat pumps for winter warmth. The property's capital value has seen a 40% increase from $500,000 in 2020 to $700,000 in 2023, with a HouGarden AVM of $705,000. The latest sales were $700,000 in 2024 and $525,000 in 2020. It is set in a level contour with expansive lawns and three fenced paddocks, ideal for animals, and includes a tack shed and a farm shed.

For investors, the property's CV growth is a testament to its rising value. The recent sale history and AVM further validate the investment potential of this property, which is situated in a quiet cul-de-sac, adding to its appeal.

Educationally, the property falls within the zones of St Joseph's School (Decile 6), Opihi College (Decile 5), Grantlea Downs School (Decile 5), Craighead Diocesan School (Decile 9), and Roncalli College (Decile 7), offering a range of schooling options for families.

Updated on September 25, 2024