4 Church Street, Timaru, Timaru

Nestled at 4 Church Street, Timaru, this Freehold property is a charming commercial-retail space with a rich history dating back to 1910. It boasts 4 bedrooms, 2 bathrooms, and a spacious floor area of 930 square feet, all set on a land size of 415 square meters. The exterior walls, constructed of brick, and the iron roof are both in average condition. Notably, the property is situated in a quiet cul-de-sac, enhancing its appeal.

As for the financials, the Capital Value (CV) has seen a growth of 9.09%, from $660,000 in 2020 to the current $720,000. The HouGarden AVM estimates the property’s value at $715,000, while the latest sale history shows a significant leap from $220,000 in 2002 to $837,000 in 2024, indicating a promising investment opportunity.

For families with children, the property falls within the zones 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 from Year 7 to 15, is rated 9. Waimataitai School, a Full Primary, holds a decile rating of 6, and Roncalli College, a Secondary school from Year 9 to 15, is rated 7.

Updated on November 13, 2024