22 Memorial Avenue, Parkside, Timaru

Nestled in the serene cul-de-sac of 22 Memorial Avenue, Parkside, Timaru, this delightful 2-bedroom, 1-bathroom cottage with a single carpark on a freehold title is a gem that's been polished over time. Constructed in 1910 with sturdy brick walls and an iron roof in good condition, it sits on a level 506m2 section. The property's Capital Value (CV) has seen a remarkable increase of 27.27% from $275,000 in 2020 to $350,000 in 2023, reflecting its growing worth. Inside, the charming cottage holds period features, a heat pump, and modern updates to the kitchen and bathroom.

With a HouGarden AVM of $320,000 and a history of sales - last sold for $128,000 in 2006 and $64,500 in 2002, this property offers a sound investment. The government's CV growth is a testament to its appeal. The property's convenient location is within walking distance to botanic gardens, the coastal walkway, and is zoned for top-rated schools. St Joseph's School (Timaru) and Craighead Diocesan School, both with high decile ratings, are options for families.

For those with a focus on education, the property falls within the catchment area of several esteemed schools. St Joseph's School and Timaru South School cater to primary education, while Craighead Diocesan School and Roncalli College offer secondary education. This charming cottage not only promises a warm, cozy home but also a bright educational future for its occupants.

Updated on December 05, 2024