4 Anchorage Place, Kensington, Timaru

Located at 4 Anchorage Place, Kensington, Timaru, this unique property stands as the last titled section in a subdivision of modern homes, offering a serene lifestyle close to the beach, hospital, and town. Despite being categorized as 'Residential - Vacant' with unknown details regarding its wall and roof construction, as well as their conditions, this property boasts a level contour on a generous 556 sqm freehold land. The absence of buildings gives you a blank canvas to create your dream home, with the added allure of mountain to sea views and the picturesque city lights at night.

Over the past few years, the capital value of this property has seen a steady increase, from $300,000 in September 2020 to $330,000 in September 2023, marking a 10% growth. The HouGarden AVM estimates its value at $325,000, while the latest sale on March 7, 2024, was recorded at $200,000, indicating a potential for significant value appreciation. This property's financial trajectory showcases its desirability and the promising investment it represents.

Education is a priority, and this property is zoned for several reputable schools, including St Joseph's School (Timaru) and Roncalli College, both with a decile rating of 7, Craighead Diocesan School with a decile of 9, and Timaru South School with a decile of 2. These schools offer a range of educational opportunities from full primary to secondary levels, ensuring a quality education for children of all ages.

Updated on March 27, 2024.