Nestled in the esteemed Highfield suburb at 25 Orbell Street, Timaru, this charming 4-bedroom character home is a freehold property built in 1920. The residence boasts an iron roof, brick exterior walls, and an average condition throughout. It sits on a steep fall contour with a land area of 1012sqm, offering a floor space of 242sqm, two carparks, and a double garage. The property has seen a significant Capital Value (CV) increase of 24.59% over the past three years, from $610,000 in 2020 to the current $760,000 as of September 2023. HouGarden AVM estimates the property's value at $755,000, while the latest sale was recorded in 1998 for $190,000.
With a CV growth rate that outpaces the market average, this property is not just a home but a sound investment. It features a heat pump, gas fire, electric hot water, and both electric and gas stoves, making it a cozy and versatile living space. The property falls within the catchment area of several reputable schools, including St Joseph's School (Decile 7), Mountainview High School (Decile 6), Craighead Diocesan School (Decile 9), Highfield School (Decile 7), and Roncalli College (Decile 7), ensuring quality education for the family.
Whether it's the spacious kitchen, multiple living areas, stunning town views, or the generous backyard perfect for outdoor entertainment, this iconic Highfield character home has it all. Don't miss the chance to make it your own!
Updated on November 04, 2024