Nestled on a sun-kissed and view-friendly elevation, 5a Gibson Street, Seaview, Timaru, is a charming freehold property that blends the elegance of 1927 construction with modern updates. This 4-bedroom, 1-carpark home boasts a floor area of 214sqm on a 546sqm section with mixed-material walls and a well-maintained iron roof. The property has seen a 22.8% increase in Capital Value from $570,000 in 2020 to $700,000 in 2023, reflecting its growing desirability. The HouGarden AVM estimates the property at $670,000, with the latest sales recorded at $645,000 in 2024 and $650,000 in 2021.
Boasting a modern kitchen and bathroom, along with a flexible floor plan that accommodates both family life and entertainment, this residence is situated on a flat section with dual street access and a fully fenced perimeter. The property's contour is described as an easy to moderate rise, adding to its appeal.
For families with school-aged children, the property falls within the zones of several well-regarded institutions. St Joseph's School (Timaru) is a Full Primary with a decile rating of 7, while Craighead Diocesan School is a Secondary school with a decile rating of 9. Other schools in the area include Waimataitai School (decile 6), Timaru South School (decile 2), and Roncalli College (Secondary, decile 7).
Updated on April 11, 2024