Nestled at 53 Cain Street, Parkside, Timaru, this charming classic bay villa on a freehold title boasts 4 bedrooms and a spacious, level drive-on section with a single carpark. Constructed in 1910, the property features roughcast walls and tiled roofing, both in good condition. The interior spans 164 square meters, complemented by an updated kitchen and bathroom, ducted central heating, and double glazing for year-round comfort. The capital value has seen a significant increase from $410,000 in 2020 to $510,000 in 2023, reflecting a growth rate of 24.39%. The HouGarden AVM estimates the property at $490,000, while the latest sales were recorded at $309,000 in 2014 and $231,150 in 2012.
With a prime location, the property falls within the catchment area of esteemed schools such as St Joseph's School (Decile 7) and Craighead Diocesan School (Decile 9). Timaru South School (Decile 2) and Roncalli College (Decile 7) are also in proximity, offering a range of educational options.
This property presents an opportunity to own a piece of history, thoughtfully renovated for modern living, in a family-friendly neighborhood with excellent school zones.
Updated on October 25, 2024