Nestled in the serene cul-de-sac of Arthur Street, Seaview, Timaru, this charming 3-bedroom, 2-carpark dwelling is a freehold property built in 1955. The residence boasts roughcast walls in good condition and a tile roof with average upkeep. Spreading across 170 square meters of floor area and 457 square meters of land, this home offers open plan living with a cozy fireplace, a combined bathroom/laundry, and a separate toilet. The property's capital value has seen a rapid increase of 28.125% from $320,000 in 2020 to $410,000 as of 2023. HouGarden AVM estimates the property's worth at $392,500, while the latest sales were recorded at $435,000 in 2024 and $414,000 in 2021. This home is perfect for first-time buyers or investors looking to expand their rental portfolio.
With a property contour of steep fall and a well-managed section, including a vegetable garden, the home is minutes away from town and accessible from two streets. The government valuations and sales history reflect a promising investment opportunity. The property falls within the zones of St Joseph's School (Decile 7), Craighead Diocesan School (Decile 9), Waimataitai School (Decile 6), and Roncalli College (Decile 7), ensuring quality education options for the family.
Don't miss this golden opportunity to own a slice of comfort and potential in a desirable school zone. This property invites you to experience the warmth and cosiness it has to offer.
Updated on April 17, 2024