Nestled in the serene Clifton Terrace of West End, Timaru, this Freehold property boasts a charming villa style on a steep rise section. Constructed in 1920 with wooden walls and an iron roof, it offers 3 bedrooms, a decent bathroom, and a single carpark. The 107sqm floor area is complemented by a large deck, perfect for relaxation or entertainment. The stylish kitchen and well-planned living space make it a delight for family gatherings. Currently tenanted at $360pw, this property presents a sound investment opportunity. With a CV of $415,000 as of 2023, it has shown a growth of 23.89% from its 2020 valuation of $335,000. The HouGarden AVM estimates the property at $397,500, while the latest sales were recorded at $338,500 in 2020 and $236,250 in 2014.
For families with school-aged 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 26, 2024