44 Jellicoe Street, Oceanview, Timaru

Nestled at 44 Jellicoe Street within the serene Oceanview, Timaru, this freehold property boasts 3 bedrooms, 2 carparks, and a floor area of 134 square meters on a land of 943 square meters. Constructed in 1950 with brick walls and an iron roof, both in average condition, it stands firm on a steep fall property contour. The opportunity to own a standalone beachside property at an affordable price is a rare find. The capital value has seen a significant increase of 27.14% from $350,000 in 2020 to $445,000 as of 2023, echoing the rising appreciation of the New Brighton area.

With a HouGarden AVM valuation matching the current CV and a sale history dating back to 1996 at $99,000, this property holds both historical and investment value. The location is further enhanced by its proximity to highly rated schools such as St Joseph's School (Decile 7), Mountainview High School (Decile 6), and Craighead Diocesan School (Decile 9), among others.

Here, you're not just buying a house; you're choosing a lifestyle. Imagine waking up to the sound of breaking waves, enjoying sunrises, and taking leisurely walks on the beach. This property is perfect for those who cherish a vibrant community, excellent amenities, and a low-maintenance lifestyle, with easy access to the city center. With titles expected soon and the owner moving on to new ventures, this property is ready for new owners to move in and enjoy the spring by the seaside.

Updated on September 27, 2024