Welcome to 9 Stopbank Road, Temuka, Timaru, a quaint residential dwelling that stands as a testament to the charm and simplicity of life by the sea. This property, with its single bedroom, bathroom, and carpark, spans a modest floor area of 25m² while sitting on a generous land area of 1012m². The freehold ownership type ensures that this slice of paradise is yours entirely. Constructed in 1950, the house features wood walls and an iron roof, both in fair condition, reflecting a blend of durability and character. The level property contour adds to the ease of living and potential for future enhancements.
The property's capital value has seen a commendable increase from $105,000 in September 2020 to $125,000 in September 2023, marking a growth of approximately 19.05%. This growth is supported by a HouGarden AVM estimate of $122,500. Historical sales data reveals a journey of value appreciation, with sales recorded at $12,500 in July 1996 and $35,000 in August 2005. Such figures underscore the property's steady ascent in the market.
Education is well catered for, with the property falling within the zones of several reputable schools. Winchester Rural School (decile 7), St Joseph's School (Temuka) (decile 6), Opihi College Years 9-15 (decile 5), Craighead Diocesan School (decile 9), and Roncalli College (decile 7) are all accessible, offering a range of educational opportunities for families. Each institution is recognized for its commitment to providing quality education, making 9 Stopbank Road an ideal location for families prioritizing academic excellence.