Located at 696 Fairview Road, Claremont, Timaru, this substantial lifestyle property boasts a 318sqm home on a sprawling 20,000sqm of freehold land. Constructed in 1995 with mixed materials for the walls and an iron roof, both in good condition, this property offers a level contour and is categorized as Lifestyle - Improved. The residence features six bedrooms, ample living spaces, and is equipped with two heat pumps, underfloor heating, and two log fires, ensuring comfort throughout the seasons. The property also includes a double garage with a fully self-contained studio above, offering potential for additional income.
Over the past few years, the capital value of this property has seen a significant increase, from $1,100,000 in September 2020 to $1,280,000 in September 2023, marking a 16.36% growth. The latest sale, in January 2024, was at $1,320,000, reflecting the property's increasing value. The HouGarden AVM estimates the property's value at $1,225,000, indicating its desirability in the current market.
The property is ideally located within excellent school zones, including Barton Rural School and St Joseph's School (Timaru), both primary schools with deciles of 9 and 7 respectively, and Craighead Diocesan School and Roncalli College, secondary schools with deciles of 9 and 7. This makes it an ideal choice for families looking for quality education options.
Updated on April 05, 2024.