1 Kowhai Street, Highfield, Timaru

Located at 1 Kowhai Street, Highfield, Timaru, this residential dwelling boasts a spacious floor area of 200m² on a 678m² freehold land. Constructed in 1965 with concrete walls and an iron roof, both in average condition, the property features 3 bedrooms, a generous lounge that opens to a courtyard, a dining room, kitchen with modern appliances, an office/hobbies room, and a fourth bedroom downstairs. It includes 2 carparks and benefits from a heat pump and a new log fire. The property's contour is described as easy/moderate fall, indicating a gentle slope.

The capital value of this property has seen a significant increase, from $390,000 in September 2020 to $490,000 in September 2023, marking a 25.64% growth. The latest sale recorded was on January 26, 2024, for $575,000, up from $320,000 on August 15, 2016. The HouGarden AVM estimates the property's value at $480,000.

Situated in a sought-after school zone, the property is zoned for St Joseph's School (Timaru) and Highfield School, both full primary schools with a decile rating of 7. It also falls within the zones for Mountainview High School (decile 6), Craighead Diocesan School (decile 9), and Roncalli College (decile 7), covering a comprehensive range of educational needs from primary through to secondary levels.