184c Otipua Road, West End, Timaru

Nestled in a serene cul-de-sac at 184c Otipua Road, West End, Timaru, this freehold property is a charming 1960's residence. It boasts 4 bedrooms, 2 carparks, and a floor area of 220 square meters on a generous land plot of 943 square meters. The exterior walls are constructed with robust brick, complemented by a well-maintained iron roof. The property enjoys an easy to moderate fall contour, enhancing its visual appeal. The capital value has seen a significant increase of 22.45% from $490,000 in 2020 to $600,000 in 2023, reflecting its growing desirability. The HouGarden AVM estimates the property's worth at $582,500, while the latest sale history shows a transaction at $595,000 in 2024 and an earlier one at $160,000 in 1994.

With stunning views ranging from Mount Cook to the Hunter Hills, the home features modern kitchen and bathrooms, and a double garage with internal access and ample storage space. It's an ideal family home, conveniently located near schools and shops. The property's CV growth and the latest sale price indicate a sound investment opportunity.

For families with school-aged children, the property falls within the catchment area of several esteemed 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. Bluestone School and Roncalli College, both with good decile ratings, are also in close proximity.

Updated on July 26, 2024