Welcome to 121 Domain Avenue, a beautifully renovated 3-bedroom, 1-bathroom haven nestled in a quiet cul-de-sac of Temuka, Timaru. This freehold property, built in 1940 with iron roofing and wooden walls in good condition, sits on a level contour with a floor area of 84sqm and a land area of 1098sqm. The capital value has seen a rapid increase of 27.5% over the past three years, from $345,000 to the current $440,000. The property also features a cozy log burner, a north-facing deck, and a large single garage with its own log burner, perfect for a workshop or additional storage.
With a HouGarden AVM of $407,500 and a latest sale history of $43,000 in 2000 and 1992, this property presents a sound investment opportunity. The government valuation growth is a testament to its appeal. Moreover, the property falls within the catchment area of several reputable schools, including St Joseph's School (Decile 6), Opihi College (Decile 5), Craighead Diocesan School (Decile 9), and Roncalli College (Decile 7), making it an ideal choice for families with children.
Not only is this residence move-in ready with top-notch renovations and stylish finishes, but it also offers a lifestyle upgrade. The combination of modern amenities, comfort, and a sought-after school zone makes 121 Domain Avenue a true gem in the real estate market.
Updated on June 25, 2024