7 Wellington Street, Parkside, Timaru

Nestled in the tranquility of a quiet cul-de-sac at 7 Wellington Street, Parkside, Timaru, this charming residential dwelling on a freehold title was built in 1900. It boasts 2 bedrooms, 1 bathroom, and an expansive floor area of 86 square meters, all set on a generous 506 square meter plot. The property features wood exterior walls in fair condition and an iron roof that's maintained in good condition, creating a warm and inviting atmosphere. The modern kitchen, open plan living, and efficient heating make this home cozy, while the pleasant outdoor space adds to the appeal. Notably, the property has experienced a significant Capital Value (CV) increase of 25.86% from $290,000 in 2020 to $365,000 as of 2023.

With a HouGarden AVM of $362,500, the latest sale history showcases a property sold on October 3, 2024, for $422,000, indicating a healthy growth from the previous sale of $285,000 on April 4, 2020. This trend highlights the investment potential of this property in a rapidly appreciating market.

For families with school-aged children, this property falls within the catchment area of several esteemed schools. St Joseph's School (Timaru) is a Full Primary with a decile rating of 7, Craighead Diocesan School is a Secondary school (Year 7-15) with a decile rating of 9, Timaru South School is a Full Primary with a decile rating of 2, and Roncalli College is a Secondary school (Year 9-15) with a decile rating of 7, offering a range of educational options.

Updated on November 27, 2024