385 Earl Road, Temuka, Timaru

Nestled in a serene environment, this freehold property at 385 Earl Road, Temuka, Timaru, offers a versatile living experience. With an impressive floor area of 290 square meters, it sits on a vast land of 1,618,700 square meters. The property, Hillside, is strategically located with easy access to Temuka, Geraldine, and Pleasant Point. The rolling landscape is complemented by the heavy Waitohi and TimaruClaremont soils, which have been the foundation of extensive cropping over the years. The property now practices a more conservative farming approach, currently home to barley, rape, and a balanced pasture with ewes, trading cattle, and bailage. The 1920s 4-bedroom home adds a touch of history, accompanied by ample sheds and deer fencing.

As for the financials, the property's capital value has seen a slight decrease, with a -4.89% change from $3,680,000 in 2020 to $3,500,000 in 2023. However, the HouGarden AVM estimates the property at $3,600,000, and the latest sale in 2024 was at $3,000,000, indicating potential value.

For families with children, the property falls within the zones of several reputable schools. These include Winchester Rural School (Decile 7), St Joseph's School (Temuka) (Decile 6), Opihi College Years 9-15 (Decile 5), Craighead Diocesan School (Decile 9), and Roncalli College (Decile 7), offering a range of educational options.

Updated on April 10, 2024