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2/28 Avenue Road, West End, Timaru, 3 Bedrooms, 1 Bathrooms

Sold: $290,000

Sold on 2024 Year 2024 Month 02 Day 21

2/28 Avenue Road, West End, Timaru

3
1
90m2

Located at 2/28 Avenue Road, West End, Timaru, this residential property is a testament to comfortable living in a serene environment. The home, built in 1977, features 2 bedrooms, 1 bathroom, and 1 carpark, spread across a floor area of 90 square meters. Despite having no land area due to its Cross-Lease ownership type, the property boasts concrete walls and tile roofing, both in good condition, ensuring durability and low maintenance. The level property contour further adds to its appeal, making it an ideal choice for those seeking a hassle-free lifestyle.

Over the years, the property has seen a significant increase in its capital value, growing from $285,000 in September 2020 to $330,000 in September 2023, marking a 15.79% increase. This growth is supported by a HouGarden AVM estimate of $325,000. The latest sale, recorded on February 21, 2024, was at $290,000, indicating a steady appreciation in value and making it a wise investment for potential buyers.

The property is zoned for several reputable schools, enhancing its attractiveness for families. St Joseph's School (Timaru) and Bluestone School, both full primary institutions, have deciles of 7 and 5, respectively. For older students, Craighead Diocesan School offers secondary education (Year 7-15) with a high decile of 9, and Roncalli College caters to secondary students (Year 9-15) with a decile of 7. This diverse range of educational options ensures that families have access to quality education at all levels.

Council Data

Last update : 2025 02 05
Improvement value$160,000Increased by 4% from year 2020
Land value$170,000Increased by 28% from year 2020
CV(Year 2023 Month 09)$330,000Increased by 15% from year 2020
View typeNo appreciable view
ContourLevel
Floor area90m²
Decade of construction1977
TitleCB17B/163
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 39146 WITH UNDIVIDED 1/3 INT IN LOTS 1 3 DP 10958
CouncilTimaru
Estate descriptionFSIM,1/3,LOT 1 AND LOT 3 DEPOSITED PLAN 10958,1201m2
ConstructionExternal Walls: Concrete
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningRES 1

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Bluestone School
0.53 km
Primary
1-8
Government
Co-Educational
EQI: 473
5
Roncalli College
1.15 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7
Craighead Diocesan School
1.24 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
St Joseph's School (Timaru)
2.27 km
Primary
1-8
Government
Co-Educational
EQI: 404
7

Property history

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For developers

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

Surrounding facilities

Avenue Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
34a Avenue Road
0.23 km
4
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160m2
Year 2024 Month 11 Day 27
-
Council approved
25 Oxford Street, West End
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1
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Year 2024 Month 11 Day 26
$422,000
Council approved
34a Avenue Road, West End
0.23 km
4
1
160m2
Year 2024 Month 11 Day 12
$560,000
Council approved
9A Regent Street, West End
0.02 km
3
2
130m2
Year 2024 Month 10 Day 24
-
Council approved
27 Oxford Street, West End
0.23 km
3
1
100m2
Year 2024 Month 10 Day 23
$390,000
Council approved

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