Nestled on Mahoneys Hill Road in the serene Oceanview, Timaru, this residential vacant land boasts a freehold title, offering potential buyers the autonomy and flexibility of ownership. The property spans a generous 785 square meters with an easy to moderate fall contour, making it an ideal candidate for a dream home construction. While the specifics of the roof and wall construction remain unknown, the mystery adds to the allure of this blank canvas, ready to be transformed into a personalized haven.
As per the latest valuation records, the capital value as of September 2023 stands at $270,000, with the HouGarden AVM estimating a slightly lower figure of $245,000. The property's market potential is further highlighted by the recent sale on October 14, 2024, at $250,000, indicating a stable and promising growth trajectory in the area.
For families with educational considerations, this property falls within a highly regarded school zone. With top-notch educational institutions in close proximity, the rating and reputation of the schools are sure to add value to this already promising investment opportunity.
Updated on December 04, 2024