110a Rosewill Valley Road, Washdyke Flat, Timaru

Nestled in the tranquility of Rosewill Valley Road, this freehold property in Washdyke Flat, Timaru, offers a lifestyle opportunity on a levelled land area of 10,520 square meters. While the specifics of the bedroom, bathroom, and parking configurations are not available, the property presents a blank canvas for potential development. Both the wall and roof construction are yet to be determined, but the property's potential is undeniable with a CV that has seen a significant increase from $255,000 in 2020 to $405,000 as of 2023, showcasing a growth rate of 58.82%. The latest sale in the area was recorded at $250,000 in 2024, underlining the investment value of this property.

With a HouGarden AVM of $392,500, this property is not only an attractive prospect for investors but also for families looking to secure a spot in the esteemed school zones. The nearby Pleasant Point Primary School boasts a decile rating of 8, while St Joseph's School in Timaru is rated a decile 7. For secondary education, both Mountainview High School and Roncalli College are rated deciles 6 and 7 respectively, with Craighead Diocesan School offering a decile 9 education. This property is indeed a golden opportunity in a prime educational enclave.

Updated on October 23, 2024