Nestled in the tranquility of 25 Marston Road, Kensington, Timaru, this charming residence boasts a freehold title and is set on a generous 927 square meters of land with an easy/moderate fall contour. Constructed in 1951 with fibrous cement walls and an aluminium roof, the property enjoys an average condition for both its walls and roof. It features 5 bedrooms, 2 carparks, and a spacious floor area of 132 square meters. The property's capital value has seen a significant increase, rising from $315,000 in 2020 to $350,000 as of 2023, indicating a growth of 11.11%. The HouGarden AVM estimates the property's value at $352,500, with the latest sale recorded at $335,000 in 2024, previously sold for $285,000 in 2020.
For families with school-aged children, the property falls within the catchment area of several esteemed educational institutions. St Joseph's School (Timaru) and Craighead Diocesan School, both with high decile ratings of 7 and 9 respectively, offer quality education from primary to secondary levels. Additionally, Timaru South School and Roncalli College are also within proximity, catering to diverse educational needs.
This property presents a golden opportunity to transform a sturdy three-bedroom house into a glorious home. With ample off-street parking and a large section, it is perfect for families or first-time homebuyers looking to invest their creativity and hard work into a rewarding project.
Updated on October 02, 2024