109a Domain Avenue, Kensington, Timaru

Nestled in the serene cul-de-sac of Domain Avenue, Kensington, Timaru, stands a modern standalone townhouse on a freehold site, built in 2007 with permanent materials. This residence boasts 2 bedrooms, a spacious open plan living area, and is equipped with a heat pump and double glazing. The well-maintained brick exterior and iron roof complement the 113sqm floor area and levelled 361sqm land. Notably, the property has seen a 23.38% increase in Capital Value from $385,000 in 2020 to $475,000 as of 2023. The HouGarden AVM estimates it at $442,500, while the latest sale was in 2010 for $272,000. This property offers an easy-to-manage site with an indoor-outdoor flow, perfect for basking in the sun on the deck or tending to the garden, all within a wheelchair accessible space.

As for the government valuations, the property has shown a consistent growth trend. The latest valuation reflects a significant jump, indicating a promising investment. Moreover, the property falls within the catchment area of esteemed schools such as St Joseph's School (Decile 7) and Craighead Diocesan School (Decile 9), offering a quality education network for families.

Located in a prime school zone, this property is ideal for those seeking a comfortable living environment with convenient access to town amenities, the garden, and the ocean hospital. With early possession available, it's a move-in-ready opportunity not to be missed.

Updated on May 23, 2024