Nestled on a steep rise in the coveted Maori Hill, Timaru, 41 Beverley Road presents a charming 3-bedroom, 120sqm home on a generous 703sqm freehold section. Constructed in the 1920s with fibrous cement walls and an iron roof, this English-style dwelling is a renovator's delight. The property, with an average wall and roof condition, offers potential for value addition, reflected in its competitive price. The capital value has seen a significant increase of 25% from $280,000 in 2020 to $350,000 in 2023. The latest sale in 2019 was for $240,000, while the current HouGarden AVM estimates it at $342,500.
For families, the property falls within the zones of St Joseph's School (Decile 7) and Craighead Diocesan School (Decile 9), ensuring quality education options. Close proximity to Waimataitai School (Decile 6) and Roncalli College (Decile 7) adds to the appeal. This quiet cul-de-sac home is ready for its next chapter, just waiting for the right buyer to transform it into a modern masterpiece.
With its great location, near the bay and town, this property offers a unique opportunity to add value and personalize a piece of history. The lead lights and panel woodwork are charming features that can be highlighted with a thoughtful renovation. Don't miss the chance to seize this opportunity to bring this home back to its former glory.
Updated on July 16, 2024