Nestled at 58 Rathmore Street, West End, Timaru, this charming family residence boasts a freehold title on a levelled 956sqm of land. Constructed in 1920 with wooden walls and an iron roof in average condition, the home offers 4 bedrooms, 2 bathrooms, and a generous 192sqm of floor area. The property is complemented by a large double garage, off-street parking, and additional features such as a heat pump and wood fire for all-season comfort. The latest government capital value assessment of $500,000 reflects a significant increase of 23.46% since 2020, while the HouGarden AVM estimates it at $455,000. The property last changed hands in 1998 for $115,700. Within a desirable school zone, St Joseph's School and Craighead Diocesan School, both with impressive decile ratings of 7 and 9 respectively, are in close proximity.
Since its last valuation, the property has seen a rapid CV growth, making it an attractive investment. The recent sale history and the AVM further validate the property's increasing worth. This spacious retreat is not only a haven for family living but also a wise investment for the future.
For families with educational considerations, the property falls within the catchment area of several well-regarded schools. St Joseph's School and Bluestone School offer full primary education, while Craighead Diocesan and Roncalli College cater to secondary education, with the latter two boasting deciles of 9 and 7 respectively.
Updated on December 12, 2024