34c Jellicoe Street, Oceanview, Timaru

Nestled in the serene cul-de-sac of 34C Jellicoe Street, Oceanview, Timaru, this vacant residential property boasts a freehold title on a land area of 550 square meters. The property presents an opportunity for new owners to personalize their living space, with unknown wall and roof construction, allowing for creative customization. The recent government capital value (CV) has seen a significant increase of 50%, jumping from $140,000 in 2020 to $210,000 as of 2023. The property's HouGarden AVM is set at $205,000, with the latest sale recorded on May 22, 2023, at $250,000.

With a promising investment potential, the property is further enhanced by its school zones. St Joseph's School (Timaru) offers a full primary education with a decile rating of 7, while Mountainview High School provides secondary education with a decile rating of 6. Other schools in the area include Grantlea Downs School, Craighead Diocesan School, and Roncalli College, each with their respective decile ratings, ensuring a variety of educational options for families.

Although the property awaits new construction, the completed landscaping and the prospect of a north-facing deck promise a seamless transition into the pleasures of summer entertaining. The option to select curtain sample colors adds a personal touch to this soon-to-be dream home.

Updated on August 22, 2024