5 Mowbray Street, Watlington, Timaru

Nestled at 5 Mowbray Street, Watlington, Timaru, this charming family residence boasts a freehold title on a level contour with a solid brick exterior and an Iron roof, constructed in 1931. It offers 3 bedrooms, 1 bathroom, a single carpark, and a floor area of 116 sqm on a land area of 582 sqm. The property has seen a 24.36% increase in Capital Value from $390,000 in 2020 to $485,000 as of 2023, reflecting a promising investment potential. The latest sale history shows a transaction at $530,000 in 2024, and a previous one at $367,500 in 2018, with the HouGarden AVM estimating the property's worth at $480,000.

With a well-maintained roof and average wall condition, this home features double glazing and a modern interior with a separate lounge, sunroom, and a stylish kitchen/dining area. The upgraded tiled bathroom includes a shower over bath and a separate toilet, catering to the needs of a busy family. Outside, a delightful courtyard with a covered area and built-in seating, along with a spacious lawn, provides a perfect setting for entertainment and relaxation.

Educationally, the property falls within the zones of St Joseph's School (Timaru) - a Full Primary with a decile rating of 7, Craighead Diocesan School - a Secondary school with a decile rating of 9, Timaru South School - a Full Primary with a decile rating of 2, and Roncalli College - a Secondary school with a decile rating of 7, ensuring a range of quality educational options for the family.

Updated on November 27, 2024