Nestled on a 328m2 section of prime real estate, this cozy three-bedroom cottage at 62 Grey Road, Timaru, boasts a spacious lounge equipped with a heat pump and a separate kitchen. Constructed in 1900 with wood walls and an iron roof, both in average condition, this freehold property offers a carpark and is fully fenced for privacy. The capital value has seen a 25.42% increase from $295,000 in 2020 to $370,000 as of 2023, while the HouGarden AVM estimates it at $362,500. The property's latest sale history includes a transaction of $380,000 in 2024 and $235,000 in 2016.
For families with school-aged children, the property falls within the catchment area of St Joseph's School (Decile 7), Craighead Diocesan School (Decile 9), Waimataitai School (Decile 6), and Roncalli College (Decile 7), ensuring access to quality education.
Whether you're looking for an ideal spot for those who prefer not to drive, an investment opportunity, or a development prospect, this property is a gem not to be missed. With a touch of humor, it's a home where 'May the Force Be With You' and 'Sell It We Will' are more than just phrases - they're promises of a bright future.
Updated on August 14, 2024