1 Harborough Street, Watlington, Timaru

Nestled in a family-oriented area of Timaru, 1 Harborough Street presents a charming one-bedroom plus sunroom cottage on a cross-lease section, complemented by a detached studio. This property boasts a recently installed iron roof, along with subfloor and insulation improvements, offering the choice of a fireplace or heat pump for year-round comfort. The interior has been revitalized with a fresh coat of neutral tones, creating a light and airy ambiance. Despite its compact size, the smart use of decor, storage solutions, the separate studio, and a convenient 'drive on' aspect provide ample space for pets, vehicles, and potential enhancements. Currently valued at $270,000, with a CV increase of 14.89% since 2020, this property also enjoys a HouGarden AVM of $260,000 and a recent sale history, with the latest transaction at $279,000 in February 2024. The exterior calls for a repaint and some weatherboard replacement, presenting a perfect opportunity to add a personal touch to the curb appeal.

With a rich history of government valuations and a notable capital value growth, this property is situated in a desirable school zone. The nearby St. Joseph's School (Timaru) is a full primary with a decile rating of 7, while Craighead Diocesan School offers secondary education with a decile rating of 9. Bluestone School and Roncalli College are also within reach, providing a range of educational options for families.

Embrace the opportunity to reside in a quaint and cozy home in a prime location, where the combination of a growing capital value and an excellent school network promises a sound investment for the future.

Updated on April 10, 2024