Nestled on 8,000 sqm of level land, this 4-bedroom family haven at 128 Kerrytown Road, Kerrytown, Timaru, is a freehold property that exudes potential with a CV of $845,000 as of 2023. Constructed in 1990 with iron roofing and plastic exterior walls in average condition, the property offers a generous floor area of 165 sqm. The capital value has seen a rapid increase of 48.25% over the past three years. The property is complete with 8 carparks, extensive garaging, and outdoor features like porches, covered decks, orchards, and space for livestock.
With a HouGarden AVM of $785,000, the property's latest sale history includes transactions in 2015 for $502,500 and in 2006 for $240,000. This indicates a consistent growth in value. The government valuation history showcases a significant jump, reflecting the property's appeal and investment potential.
For families with school-aged children, the property falls within the zones of several well-regarded schools. These include the decile 8 Pleasant Point Primary School, decile 6 St Joseph's School (Temuka), decile 5 Opihi College, decile 9 Craighead Diocesan School, and decile 7 Roncalli College, ensuring access to quality education.
Updated on May 03, 2024