36b Jellicoe Street, Oceanview, Timaru

Nestled in a quiet cul-de-sac at 36b Jellicoe Street, Oceanview, Timaru, this brand new 4-bedroom residence exudes elegance with its mixed-material walls and iron roof. The freehold property boasts a floor area of 225m2 and sits on a generous 607m2 section with an easy/moderate fall contour. The capital value has seen a staggering increase of 4.4375% from $160,000 in 2020 to $870,000 in 2023. The latest sale in the area was for $205,000, while the HouGarden AVM estimates the property at $847,500. The north-facing layout ensures ample natural light and warmth, complemented by modern amenities, a double internal access garage, and a family-friendly environment.

With a CV growth that outpaces the market, this property is not just a home but a sound investment. The government valuation history and the recent sale prices reflect the high demand for this address. The property's condition, both walls and roof, is reported as good, which is a testament to the quality of the build.

For families with school-aged children, the property falls within the zones of St Joseph's School (Decile 7), Mountainview High School (Decile 6), Grantlea Downs School (Decile 5), Craighead Diocesan School (Decile 9), and Roncalli College (Decile 7), ensuring access to quality education at all levels.

Updated on July 18, 2024