12a Otipua Road, Kensington, Timaru

Nestled in the tranquility of 12a Otipua Road, Kensington, Timaru, this freehold property boasts a charming residential dwelling constructed in 1940. The home features 4 bedrooms, ample parking for 6 cars, and a spacious floor area of 143 square meters on a generous land of 2494 square meters. The roughcast exterior walls and iron roof contribute to its classic appeal, both in average condition. The property sits on an easy to moderate fall contour, ensuring a serene and private setting in this quiet cul-de-sac.

With a government valuation (CV) of $510,000 as of September 2023, this property has shown a remarkable increase of 22.89% from its previous CV of $415,000 in September 2020. HouGarden AVM estimates the property's value at $505,000, closely aligning with the latest sale on September 23, 2024, for $573,000.

For families with school-aged children, the property falls within the zones of St Joseph's School (Timaru), a full primary with a decile rating of 7, Craighead Diocesan School, a secondary school with a decile rating of 9, Timaru South School, a full primary with a decile rating of 2, and Roncalli College, a secondary school with a decile rating of 7, ensuring access to quality education.

Updated on November 13, 2024