20 Randwick Place, Washdyke, Timaru

Nestled in the serene cul-de-sac of 20 Randwick Place, Washdyke, Timaru, this charming freehold property boasts a capital value that has seen a remarkable increase of 26.87% over the past three years. Constructed in 1980 with sturdy stone walls and tiled roofing, the dwelling maintains a good condition both inside and out. It offers 3 bedrooms, a single carpark, and a generous floor area of 101 square meters on a level plot of 587 square meters. The starter home or rental investment opportunity features an open plan kitchen, dining, and lounge area with a cozy log fire, HRV system, and ample storage.

With a current Capital Value of $425,000, as per the latest government valuation, and a HouGarden AVM of $422,500, the property presents a solid investment. The latest sale history shows a transaction at $440,000 in 2024, and $319,000 in 2018, indicating a consistent growth trend. The owners are motivated, and offers over $319,000 are invited.

For families with school-aged children, the property falls within the catchment area of several well-regarded schools. St Joseph's School (Timaru) and Mountainview High School, both with deciles of 7 and 6 respectively, are among the options. Grantlea Downs School, Craighead Diocesan School, and Roncalli College are also accessible, offering a range of educational opportunities.

Updated on November 27, 2024