Nestled in the serene Jellicoe Street of Oceanview, Timaru, this 1970-built freehold property boasts a prime location and is ready for its new occupants. The dwelling, maintained with care and pride by its sole owner, features 3 bedrooms, a modern open plan living area, and is complemented by 2 carparks and a floor area of 103 square meters on a level 524 square meter section. The concrete walls and iron roof are in good condition, ensuring structural integrity and low maintenance. Not to be overlooked are the stunning views and proximity to the newly developed retail complex.
With a Capital Value (CV) of $415,000 as of September 2023, this property has shown a remarkable increase of 27.69% from its $325,000 CV in September 2020. The HouGarden AVM estimates the property's value at $397,500, making it an attractive investment. The recent sale history and rapid CV growth are indicative of a thriving property market in the area.
For families with school-aged children, this property falls within the catchment area of several well-regarded schools. St Joseph's School (Timaru) and Mountainview High School are both rated in the top tiers with deciles of 7 and 6 respectively, while Grantlea Downs School, Craighead Diocesan School, and Roncalli College offer diverse educational opportunities with their respective deciles of 5, 9, and 7.
Updated on April 23, 2024