16a Mowbray Street, Watlington, Timaru

Nestled in a serene cul-de-sac at 16a Mowbray Street, Watlington, Timaru, this residential dwelling is a freehold property built in 1964. It boasts 4 bedrooms, 2 carparks, and a spacious floor area of 220 square meters on a levelled land of 954 square meters. The exterior walls are constructed with robust bricks, while the roof is made of durable iron, both in good condition. This property is a perfect blend of classic charm and modern comfort.

With a significant increase of 22.58% in its Capital Value (CV) from $465,000 in 2020 to $570,000 in 2023, this property also holds a HouGarden AVM of $542,500. The latest sale record on March 7, 2024, sets the bar even higher at $655,200, indicating a promising investment opportunity.

For families with children, the property falls within the catchment area of several reputable schools. St Joseph's School (Timaru) and Craighead Diocesan School, both with high decile ratings of 7 and 9 respectively, cater to primary and secondary education needs. Additionally, Timaru South School and Roncalli College offer further options for primary and secondary education, with decile ratings of 2 and 7.

Updated on April 17, 2024