47 James Street, Kensington, Timaru

Welcome to 47 James Street, a meticulously renovated three-bedroom, freehold property in the heart of Kensington, Timaru. Constructed in 1960 with solid brick walls and an iron roof in good condition, this residence offers a floor area of 131 square meters on a levelled 485 square meter section. The recent updates include fresh paint, new carpeting, and an exquisite kitchen with top-of-the-line appliances, making this home a perfect blend of classic charm and modern luxury. The property's capital value has seen a significant increase from $385,000 in 2020 to $460,000 in 2023, reflecting a growth of 19.48%. The latest sales history shows transactions at $470,000 in 2022 and $410,000 in 2021, while the HouGarden AVM estimates the property's worth at $442,500.

For families with children, the property falls within the catchment area of several esteemed schools. St Joseph's School and Timaru South School are full primary options, rated at deciles 7 and 2 respectively, while Craighead Diocesan School and Roncalli College cater to secondary students with deciles 9 and 7. This address not only promises comfort and convenience but also ensures a quality education for your children.

Boasting a new roof, updated fencing, and off-street parking, 47 James Street presents an ideal turnkey investment opportunity with a tenant in place until April 2024. Here is a home that truly combines the best of location, quality, and potential return on investment.

Updated on April 18, 2024