Located at 24 Cornwall Street, Watlington, Timaru, this residential dwelling presents an appealing opportunity for first home buyers or investors. Built in 1950, the property features a brick exterior with an iron roof, both in average condition. It offers three bedrooms, one bathroom, and a single carpark, spread over a floor area of 95 square meters on a generous 733 square meter freehold section. The level contour of the property supports a spacious kitchen and dining area, separate living area with a heat pump, and a family bathroom leading to a separate laundry. The property also boasts a good-sized garden area, a single car garage, and a carport with additional off-street parking.
The capital value of the property has seen a significant increase, from $310,000 in September 2020 to $385,000 in September 2023, marking a 24.19% growth. The latest sale recorded was on December 7, 2023, for $385,000, up from $202,000 on February 19, 2013. The HouGarden AVM estimates the property's value at $367,500.
The property is well-positioned within desirable school zones, offering a range of educational options. St Joseph's School (Timaru) and Bluestone School, both full primary schools, are rated decile 7 and 5, respectively. For secondary education, Craighead Diocesan School (decile 9) caters to years 7-15, and Roncalli College (decile 7) serves years 9-15, providing quality education options for families.
Updated on April 06, 2024.