Nestled in a serene cul-de-sac at 1/192 Church Street, West End, Timaru, this residential ownership home unit boasts a capital value that has seen a remarkable increase of 31%. From $260,000 in September 2020, it is now valued at $340,000. Constructed in 1971 with mixed materials for the walls and iron for the roof, both in good condition, this north-facing unit features 2 bedrooms, 1 bathroom, a single car park, and a floor area of 100 square meters. The property is under a Cross-Lease ownership type.
With a HouGarden AVM of $342,500 and recent sales history showing a sale in August 2024 for $317,000, following a previous one in June 2019 for $265,000, this property presents a promising investment. It is equipped with a heat pump and offers an open plan layout, two double bedrooms, a tidy bathroom, separate laundry, internal access, and a single car garage.
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 02, 2024