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2/53 Douglas Street, Highfield, Timaru, 2 Bedrooms, 1 Bathrooms, Unit

Sold: $350,000

Sold on 2024 Year 2024 Month 04 Day 10

2/53 Douglas Street, Highfield, Timaru

2
1
80m2

Nestled in the serene cul-de-sac of Douglas Street, Highfield, Timaru, this charming 2-bedroom, 1-bathroom unit with a single carpark is a perfect blend of comfort and convenience. Constructed in 1970 with mixed materials for the walls and iron for the roof, this cross-lease property offers an average-conditioned living space of 80 square meters. The property's capital value has seen a remarkable increase of 28.57% from $280,000 in 2020 to $360,000 as of 2023, showcasing a promising investment potential. The latest sale history includes a transaction at $350,000 in 2024, following $249,000 in 2017, while the HouGarden AVM estimates the value at $335,000.

Education opportunities are abundant with the property being zoned for St Joseph's School (Full Primary, Decile 7), Mountainview High School (Secondary, Decile 6), Craighead Diocesan School (Secondary, Decile 9), Waimataitai School (Full Primary, Decile 6), and Roncalli College (Secondary, Decile 7). This makes it an ideal choice for families with children.

Boasting a remodeled kitchen, a sizeable living room, a cozy sunroom, and a private north-facing deck, this unit is perfect for those who enjoy a tranquil lifestyle with easy access to Northtown shops and Ashbury Park.

Updated on May 08, 2024

Council Data

Last update : 2024 12 11
Improvement value$210,000Increased by 28% from year 2020
Land value$150,000Increased by 28% from year 2020
CV(Year 2023 Month 09)$360,000Increased by 28% from year 2020
View typeNo appreciable view
ContourLevel
Floor area80m²
Decade of construction1970
TitleCB40B/226
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 69435 ON LOT 1 DP 37935 WITH 1/2 INT IN 456 SQ METRES
CouncilTimaru
Estate descriptionFSIM,1/2,FLAT 2 DEPOSITED PLAN 69435 AND GARAGE WITH FLAT 2 DEPOSITED PLAN 69435
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Average
Roof: Average
ZoningRES 1

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Craighead Diocesan School
0.43 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
Waimataitai School
0.72 km
Primary
1-8
Government
Co-Educational
EQI: 467
6
St Joseph's School (Timaru)
0.90 km
Primary
1-8
Government
Co-Educational
EQI: 404
7
Mountainview High School
1.30 km
Secondary
9-15
Government
Co-Educational
EQI: 485
6
Roncalli College
2.29 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7

Property history

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For developers

Unitary plan:RES 1
Land:-
Title:Cross-Lease

Surrounding facilities

Douglas Street Neighborhood and Surrounding Data

Mortgage

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Floor area
Sold date
Sold
Data source
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Year 2024 Month 07 Day 25
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1
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Year 2024 Month 07 Day 03
-
Council approved

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