Nestled in the charming Seaview suburb of Timaru, at 68 Wilson Street, lies this attractive character villa on a freehold section. Constructed in 1910 with wood walls and an iron roof, this property offers 2 spacious bedrooms, a modernized bathroom, and a cozy living area heated by a log burner. The 104sqm floor area is complemented by a 524sqm section with a steep rise contour, a single carpark, and a street-line garage. With an average condition for both walls and roof, this property presents a perfect blend of vintage charm and potential for value addition.
As per the latest government valuation, the capital value has seen a significant increase from $275,000 in 2020 to $345,000 in 2023, reflecting a growth of 25.45%. The HouGarden AVM estimates the property's worth at $330,000, while the latest sale on February 25, 2024, fetched $380,000, indicating a promising investment opportunity in this quiet cul-de-sac.
For families with school-aged children, this property falls within the zones of St Joseph's School (Decile 7) and Craighead Diocesan School (Decile 9), both within walking distance. Additionally, Waimataitai School (Decile 6) and Roncalli College (Decile 7) are also in close proximity, making this an ideal location for those who prioritize education.
Updated on April 10, 2024