Located at 106 Meadows Road, Washdyke, Timaru, this industrial property, categorized under Heavy manufacturing, spans a generous floor area of 1010 square meters on a vast 4271 square meter freehold land. The building, constructed with mixed materials for the walls and an iron roof, is in good condition. It boasts 5 car parks, catering to ample parking needs.
Over the recent years, the property has seen a significant capital value increase from $1,130,000 on September 1, 2020, to $1,400,000 on September 1, 2023, marking a 23.89% growth. The HouGarden AVM estimates its value at $1,342,500. The latest sale on January 30, 2024, was recorded at $775,000, showcasing the property's appreciating value in the market.
In terms of education, the property is zoned for several reputable schools including St Joseph's School (Timaru) and Mountainview High School, with decile ratings of 7 and 6 respectively. Other notable schools in the vicinity are Grantlea Downs School (decile 5), Craighead Diocesan School (decile 9), and Roncalli College (decile 7), offering a range of educational options for families.
Updated on April 06, 2024.