Nestled in the serene Bouverie Street, Waimataitai, Timaru, this charming residential property boasts a freehold title on a land area of 1282 sqm. Constructed in 1950 with wood walls and an iron roof, the dwelling maintains an average condition both inside and out. It features 3 bedrooms, a spacious floor area of 130 sqm, and a carpark, along with a log fire and a heat pump for cozy winters. The property's capital value has seen a rapid increase of 28.77% from $365,000 in 2020 to $470,000 in 2023, reflecting its growing desirability. The HouGarden AVM estimates the property's value at $465,000, while the latest sales history shows a significant jump from $222,225 in 2012 to $324,000 in 2017.
As for the government valuations, the property has shown consistent growth, making it a sound investment. The location is further enhanced by its proximity to esteemed schools such as St Joseph's School (Decile 7) for primary education, and Mountainview High School (Decile 6), Grantlea Downs School (Decile 5), Craighead Diocesan School (Decile 9), and Roncalli College (Decile 7) for secondary education, making it an ideal choice for families.
Set in a quiet cul-de-sac, this property offers an entertainer's haven with its expansive decking and beautifully landscaped grounds. The modernised kitchen is perfect for dining in or out, and the well-sized bedrooms and bathroom provide comfortable living. With potential for further enhancement, this property is not to be missed.
Updated on November 04, 2024