16 Memorial Avenue, Parkside, Timaru

Nestled in the serene cul-de-sac of 16 Memorial Avenue, Parkside, Timaru, this charming 3-bedroom, 1-bathroom residential dwelling is graced with a freehold title. Constructed in 1900, the property boasts wooden walls in average condition and a robust tile roof in good condition. Spanning across 84 square meters of floor area and 516 square meters of land, this home offers a functional layout with a modernized kitchen and separate living/dining spaces. The property has seen a significant Capital Value (CV) increase of 32.08%, from $265,000 in 2020 to $350,000 as of 2023. The HouGarden AVM estimates the property's value at $335,000, while the latest sales were recorded at $365,000 in 2024 and $330,000 in 2021. This home is perfect for families, being in the zone for St Joseph's School (Decile 7) and Craighead Diocesan School (Decile 9), with other schools like Timaru South School (Decile 2) and Roncalli College (Decile 7) in the vicinity.

With its timeless appeal and potential, this property presents an attractive opportunity for both first-time buyers and investors.

Updated on October 16, 2024