6 Memorial Avenue, Parkside, Timaru

Nestled in the serene cul-de-sac of 6 Memorial Avenue, Parkside, Timaru, this charming freehold property boasts a capital value that has skyrocketed by 49% in just three years. Constructed in 1980 with a mix of robust materials, the dwelling features 3 bedrooms, a modern kitchen with a stone benchtop, and an open-plan living area that leads to a sizeable deck – perfect for lazy summer afternoons. The 132sqm floor area is complemented by a 1012sqm section, complete with an in-ground pool and ample off-street parking. The Iron roof and good wall condition ensure structural integrity, while the property's contour remains level for ease of use. Notably, the HouGarden AVM estimates the property at $505,000, with the latest sale in 2022 fetching $595,000, a significant jump from the 2001 sale of $99,500. This property is not just a home but an investment with a promising future.

With a government valuation (CV) of $550,000 as of 2023, this property has seen a substantial increase from its $370,000 CV in 2020. The location is further enhanced by its proximity to esteemed educational institutions, with St Joseph's School (Decile 7) and Craighead Diocesan School (Decile 9) being the highlights. The property falls within a highly sought-after school zone, ensuring a quality education for the family.

Escape to your own private oasis, where the summer days are hazy and lazy. The expansive section allows for potential subdivision, offering both a gardener's delight and investment potential. This is not just a house; it's a lifestyle choice in a convenient location near Timaru Public Hospital and the vibrant CBD.

Updated on December 12, 2024