Located at 4 Kowhai Street, Highfield, Timaru, this residential property offers a blend of comfort and convenience with its 2 bedrooms, 1 bathroom, and a single carpark. The home spans a floor area of 90 sqm on a cross-lease title, featuring brick walls in good condition and an iron roof also in good condition. Built in 1960, the property sits on an easy/moderate rise contour, making it an ideal choice for those looking for their first home, a last home, or an investment opportunity. The north-facing living area and main bedroom, along with a heat pump, ensure a cozy living environment. The property also boasts spacious gardens, a single garage, and additional off-street parking, all while being healthy homes compliant.
Over the years, the capital value of this property has seen a significant increase, from $265,000 in September 2020 to $345,000 in September 2023, marking a 30.19% growth. The latest HouGarden AVM estimates the property's value at $330,000. Historical sales data reveals a sale for $255,000 in October 2018 and $79,000 in September 2003, highlighting the property's appreciating value over time.
The property is well-positioned within desirable school zones, offering access to quality education. St Joseph's School (Timaru) and Highfield School, both full primary schools, boast a decile rating of 7. For secondary education, Mountainview High School and Roncalli College are available with decile ratings of 6 and 7, respectively, while Craighead Diocesan School offers an exceptional decile 9 education for years 7-15.
Updated on April 04, 2024.