Welcome to 2/38 Selwyn Street, a late 70s standalone townhouse with stunning mountain views, located in the heart of Maori Hill, Timaru. This property, with a Cross-Lease title, features 3 bedrooms, a bathroom with separate laundry and toilet, and a single carpark. The 120sqm floor area is complemented by a tile roof and concrete walls in good condition. The capital value has seen a significant increase, rising from $320,000 in 2020 to $385,000 in 2023, indicating a growth rate of 20.31%. The HouGarden AVM estimates the property at $357,500, while the latest sales history shows a sale in 2001 for $97,000 and another in 1997 for $94,000.
Educationally, the property falls within the decile 7 St Joseph's School zone and is also close to Mountainview High School, Craighead Diocesan School, Waimataitai School, and Roncalli College, catering to a range of educational needs. The location provides easy access to town shops and Caroline Bay, making it an ideal choice for a variety of buyers.
With a bit of creativity, this property has the potential to be transformed into a dream home. The paved outdoor area is a blank canvas, waiting to be turned into a lush garden or additional parking space. The internal access garaging and off-street parking with two driveway accesses offer convenience and flexibility. Don't miss the opportunity to own this property and make it your own.
Updated on May 27, 2024