Nestled in a serene cul-de-sac at 9 William Street, Parkside, Timaru, this charming residential dwelling, built in 1910, offers an inviting living space. The 3-bedroom and 1-bathroom layout is complemented by an 81sqm floor area, sitting on a generous 369sqm section. The property boasts a freehold title, with exterior walls constructed from wood and an iron roof, both in average condition. The capital value has seen a significant increase, reflecting a growth of 27.08% from $240,000 in 2020 to $305,000 as of 2023.
With a HouGarden AVM valuation matching the current capital value, the property's latest sale history is notable, with a sale price of $338,000 on October 21, 2024, a substantial rise from the $115,000 sale in 2011. This indicates a promising investment with a strong capital gain potential.
For families with school-aged children, the property falls within the catchment area of several esteemed schools. St Joseph's School (Timaru) and Craighead Diocesan School, both with high decile ratings of 7 and 9 respectively, offer quality education from primary to secondary levels. Additionally, Timaru South School and Roncalli College are also within close proximity, providing further options for schooling.
Updated on November 20, 2024