Located at 35 Douglas Street, Highfield, Timaru, this residential dwelling boasts three bedrooms, one bathroom, and one carpark, covering a floor area of 90m² on a 556m² freehold land. Constructed in 1946 with brick walls and tile roofing, both in average condition, the property presents an easy/moderate fall contour. It offers open-plan living with ample natural light through large windows, a newer roof and guttering, and a pleasant backyard with sheds. The interior and exterior are tidy, featuring up-to-date carpet and vinyl, and heated by a heat pump, making it ready for the changing seasons. Despite a shared driveway, there's potential for developing off-street parking at the back.
The property's capital value has seen a significant increase, from $345,000 in September 2020 to $410,000 in September 2023, marking an 18.84% growth. The latest HouGarden AVM estimates its value at $402,500. Historical sales data reveals a sale at $400,000 in November 2021 and $220,100 in October 2015, indicating a steady appreciation in value.
Situated within excellent school zones, the property is zoned for St Joseph's School (Timaru) and Waimataitai School, both full primary schools with decile ratings of 7 and 6, respectively. It also falls within the zones for Mountainview High School (decile 6), Craighead Diocesan School (decile 9), and Roncalli College (decile 7), covering secondary education from Year 9 to Year 15. This makes it an ideal home for families prioritizing education.
Updated on March 27, 2024.