Nestled in a serene cul-de-sac of Murray Street, Temuka, Timaru, this charming freehold property boasts a capital value of $500,000 as of September 2023, showcasing a remarkable increase of 26.58% from its previous valuation in 2020. Constructed in 1996 with roughcast walls and an iron roof in good condition, this 140 square meter home with a level contour sits on a generous 790 square meter section. It features 3 bedrooms, 2 carparks, and a floor plan that masterfully blends open-plan living with a north-facing lounge, leading to a sheltered entertainment area. The property, previously sold for $365,000 in 2019 and $279,000 in 2015, is currently valued at $490,000 by HouGarden AVM, presenting a lucrative opportunity for potential buyers.
For families with school-aged children, the property falls within the zones of St Joseph's School (Decile 6), Opihi College (Decile 5), Craighead Diocesan School (Decile 9), and Roncalli College (Decile 7), ensuring access to quality education.
With a warm and sunny aspect, ample backyard space, and a prime location that values privacy, this townhouse offers an ideal family home where children can play and families can relax and entertain.
Updated on August 12, 2024