11a Rhodes Street, Parkside, Timaru

Located at 11a Rhodes Street, Parkside, Timaru, this residential dwelling boasts 3 bedrooms, a floor area of 112 square meters, and sits on a 551 square meter freehold land. The property, constructed in 1910 with wood walls and an iron roof, presents an average condition for both its exterior walls and roof. It features a level property contour, and accommodates 2 car parks, emphasizing its suitability for families or investors seeking a property with historical charm and modern potential.

The property has seen a significant increase in capital value, from $315,000 in September 2020 to $395,000 in September 2023, marking a 25.4% growth. The latest sale recorded on January 1, 2024, was at $440,000, substantially higher than its previous sale at $65,000 on August 17, 2002. The HouGarden AVM estimates the property's value at $377,500, indicating a strong market interest and investment potential in this area.

Situated within a desirable school zone, the property offers access to quality education with nearby schools including St Joseph's School (Timaru) and Craighead Diocesan School, both known for their high decile ratings of 7 and 9 respectively. Additionally, Bluestone School and Roncalli College are within the vicinity, providing comprehensive education options from primary to secondary levels. This location is ideal for families prioritizing educational opportunities for their children.

Updated on April 06, 2024.