229 North Street, West End, Timaru

Nestled in the serene cul-de-sac of 229 North Street, West End, Timaru, this charming residential dwelling boasts 2 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1940 with brick walls and tiled roofing, the property sits on a freehold land of 718 square meters, with a floor area of 98 square meters. The capital value has seen a substantial increase of 25% from $320,000 in 2020 to $400,000 as of 2023. The home features a modern kitchen at its heart, with open plan living and seamless indoor-outdoor flow onto a private, sunny deck, perfect for family gatherings. It is heated by a heat pump and HRV system, with gas hot water, and includes a modern bathroom with a separate shower. Close to schools and amenities, the property also enjoys a spacious yard and undercover off-street parking.

As for the property's valuation, the HouGarden AVM estimates it at $382,500, while the latest sale records show transactions at $408,000 in 2024 and $206,000 in 2010. This indicates a promising investment opportunity with a steady capital value growth.

For families with children, the property falls within the zones of St Joseph's School (Decile 7), Craighead Diocesan School (Decile 9), Bluestone School (Decile 5), and Roncalli College (Decile 7), ensuring access to quality education.

Updated on October 09, 2024