Nestled in the serene cul-de-sac of 9a Regent Street, West End, Timaru, this freehold property boasts a charming residential dwelling built in 1960. The well-maintained brick exterior and iron roof complement the 115sqm floor area, sitting pretty on an 834sqm section. It features 3 bedrooms, 2 car parks, and the comfort of two heat pumps. The capital value has seen a significant increase of 23.46% from $405,000 in 2020 to $500,000 in 2023, reflecting a promising investment opportunity. The property's HouGarden AVM stands at $480,000, with a notable sales history in 1996 and 1994 at $84,500 and $84,000 respectively.
With a CV growth that outpaces the market average, this property is not just a home but a wise investment. The spacious open plan living, along with a cozy, sun-drenched kitchen and a bonus room, offers versatility and comfort. The large deck extends the living space, perfect for the upcoming months of leisure. The property is located within the catchment area of esteemed schools, including St Joseph's School (Decile 7) and Craighead Diocesan School (Decile 9), ensuring quality education for the family.
For those seeking a home that offers both comfort and potential, look no further. This property is ready for new owners to move in and enjoy the benefits of a well-established neighborhood and an increasing capital value.
Updated on October 24, 2024