6 Somerset Street, Watlington, Timaru

Nestled in the tranquility of 6 Somerset Street, Watlington, Timaru, this charming 4-bedroom residence boasts a freehold title and a generous land area of 718sqm. Constructed in 1959 with solid brick walls and an iron roof, the property enjoys an easy/moderate contour with a well-maintained exterior. The interior space spans 190sqm, thoughtfully designed with large living areas that open up to a north-facing deck, offering a picturesque view of the Hunter Hills. The package is complete with 2 car parks, a good garaging facility, and an expansive workshop beneath the house, making it an ideal choice for a family seeking comfort, space, and warmth.

As per the latest property valuation, the capital value has seen a 25% increase from $340,000 in 2020 to $425,000 in 2023. The HouGarden AVM estimates the property at $427,500, while the most recent sale history records a price of $477,700 in 2024, indicating a significant appreciation in value. This is a sound investment opportunity in a desirable location.

For families with school-aged children, the property falls within the zones of St Joseph's School (Decile 7) and Craighead Diocesan School (Decile 9), both offering high-quality education. Additionally, Bluestone School (Decile 5) and Roncalli College (Decile 7) are also within close proximity, providing a range of educational options.

Updated on September 11, 2024