Located at 2/28 Avenue Road, West End, Timaru, this residential property is a testament to comfortable living in a serene environment. The home, built in 1977, features 2 bedrooms, 1 bathroom, and 1 carpark, spread across a floor area of 90 square meters. Despite having no land area due to its Cross-Lease ownership type, the property boasts concrete walls and tile roofing, both in good condition, ensuring durability and low maintenance. The level property contour further adds to its appeal, making it an ideal choice for those seeking a hassle-free lifestyle.
Over the years, the property has seen a significant increase in its capital value, growing from $285,000 in September 2020 to $330,000 in September 2023, marking a 15.79% increase. This growth is supported by a HouGarden AVM estimate of $325,000. The latest sale, recorded on February 21, 2024, was at $290,000, indicating a steady appreciation in value and making it a wise investment for potential buyers.
The property is zoned for several reputable schools, enhancing its attractiveness for families. St Joseph's School (Timaru) and Bluestone School, both full primary institutions, have deciles of 7 and 5, respectively. For older students, Craighead Diocesan School offers secondary education (Year 7-15) with a high decile of 9, and Roncalli College caters to secondary students (Year 9-15) with a decile of 7. This diverse range of educational options ensures that families have access to quality education at all levels.