79 Canada Street, Watlington, Timaru

Nestled in the serene Watlington, Timaru, at 79 Canada Street, this charming dwelling on a freehold title boasts 2 bedrooms, a single bathroom, and an open-plan living area that seamlessly transitions to a sunny north-facing deck. Constructed in 1950 with fibrous cement walls and tiled roofing, the property sits on a steep rise with an average wall and roof condition. The 80sqm floor area is complemented by a 539sqm land area, creating a cozy environment further enhanced by a good log fire for the winter months. The property's CV has seen a rapid increase of 16% from $250,000 in 2020 to $290,000 as of 2023, with the HouGarden AVM estimating it at $280,000. Notably, the latest sales were recorded at $265,000 in March 2024 and $245,000 in November 2022, indicating a growing value in this sought-after range.

For families, the property falls within the zones of St Joseph's School (Timaru), a full primary with a decile rating of 7, Craighead Diocesan School, a secondary school with a decile rating of 9, Bluestone School, a full primary with a decile rating of 5, and Roncalli College, a secondary school with a decile rating of 7. This combination of educational institutions is a significant draw for those with children.

With a prime location, this property is not just a home but an investment opportunity, whether you choose to live in it or rent it out. Don't miss the chance to snap up this gem in a neighborhood where similar properties are scarce.

Updated on April 18, 2024