34 William Street, Parkside, Timaru

Nestled on a prime 253m2 section at 34 William Street, Parkside, Timaru, this freehold property presents a golden opportunity for potential builders. The site, with a 1900-built home, features 2 bedrooms, 1 bathroom, and an expansive floor area of 83 square meters. The dwelling, though in need of some TLC for its mixed-material walls and iron roof, is set on level contour and boasts scenic views. The property's capital value has seen a rapid increase of 29.41% from $170,000 in 2020 to $220,000 as of 2023, with HouGarden AVM estimating it at $205,000. Notably, the latest sales were recorded at $195,000 in 2021 and $135,000 in 2017.

With a desirable school network, the area is home to top-performing institutions 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 within reach, making it an ideal location for families.

Positioned in a quiet cul-de-sac, the property is conveniently located near Russell Square, healthcare facilities, and educational institutions, offering both convenience and potential for capital growth.

Updated on June 10, 2024