Nestled in the serene Hassall Street of Parkside, Timaru, this charming 3-bedroom, 2-carpark dwelling is set on an expansive 806sqm of freehold land. Constructed in the 1930s with solid brick walls and an iron roof, this home offers an average condition both inside and out, with a floor area of 117sqm. The property boasts an easy/moderate rise contour, providing a picturesque and private setting. The current government capital value of $375,000 reflects a 25% increase since 2020, showcasing its growing investment potential. The HouGarden AVM estimates the property at $367,500, while the latest sale history indicates a significant leap from $180,000 in 2009 to $440,000 in 2024, highlighting the property's appreciating value.
For families with school-aged children, the property falls within the zones of St Joseph's School (Decile 7) and Craighead Diocesan School (Decile 9), both highly regarded educational institutions. Additionally, Timaru South School (Decile 2) and Roncalli College (Decile 7) are also within reach, offering a range of schooling options.
Whether you're a first-time buyer, a renovator seeking a challenge, or an investor looking for value addition, this property presents a golden opportunity. It's a home that has been loved over the years and is now ready for its next chapter. With potential to add significant value through renovation, this is a liveable home that can be enjoyed as is or transformed over time. Don't miss out on this chance to make this property your own.
Updated on August 21, 2024