1/8 Douglas Street, Highfield, Timaru

Nestled in the serene Highfield neighborhood, this charming 2-bedroom, 1-bathroom unit at 1/8 Douglas Street boasts an open-plan living area and a heat pump for cozy winters. Constructed in 1960 with iron roofing and concrete walls in good condition, it sits on an easy/moderate rise contour. The property, with a floor area of 90 sqm and a single carpark, is under a Cross-Lease ownership. The latest sale history includes a transaction in 2010 for $179,000, and a previous one in 1990 for $73,750. The current Capital Value (CV) of $355,000 reflects a 20.34% increase since 2020. HouGarden AVM estimates the property at $330,000. Educationally, it falls within the catchment of St Joseph's School (Decile 7) and Mountainview High School (Decile 6), among others, making it an ideal choice for families.

With a CV growth rate that outpaces the market and a private patio for relaxation, this unit invites you to bid farewell to renting and embrace the joy of homeownership. Don't miss this opportunity to start your property journey.

Located in a sought-after school zone, the property is close to St Joseph's School (a Full Primary with Decile 7 rating) and Mountainview High School (a Secondary school for Years 9-15 with Decile 6 rating), ensuring top-notch education for your children. Other schools in the area include Craighead Diocesan School and Waimataitai School, further enhancing the appeal of this perfectly positioned front unit.

Updated on June 10, 2024