11 Maple Crescent, Watlington, Timaru

This charming character home located at 11 Maple Crescent, Watlington, Timaru, offers a unique blend of historical elegance and modern convenience. Built in 1920, the property features two double bedrooms, a generous size kitchen/dining area, and a separate lounge. A sunroom, which was utilized as a third bedroom, adds to the home's versatility. The exterior boasts well-maintained brickwork that enhances its street appeal, complemented by an iron roof and brick walls in average condition. The level property contour, combined with a spacious 842 sqm freehold land area and a 108 sqm floor area, makes it an ideal playground for children and pets. Additionally, the property includes off-street parking leading to a large single garage.

Over the years, the capital value of this residence has seen a significant increase, from $300,000 in September 2020 to $340,000 in September 2023, marking a 13.33% growth. The latest sale in February 2024 fetched $425,000, demonstrating the property's increasing market value. The HouGarden AVM estimates its value at $325,000, indicating its potential as a lucrative investment.

Located in a desirable school zone, the property offers access to St Joseph's School (Timaru) and Bluestone School, both full primary schools with decile ratings of 7 and 5, respectively. For older students, Craighead Diocesan School and Roncalli College provide secondary education, boasting decile ratings of 9 and 7. This makes the property an excellent choice for families prioritizing education.

Updated on April 05, 2024.