This exceptional property offers the perfect balance of grandeur and functionality, ideal for a spacious family home or an exciting Bed & Breakfast venture. Perfectly positioned within walking distance of Timaru's CBD and the iconic Caroline Bay, this home represents a rare real estate gem. Beautifully renovated and impeccably maintained, the home blends timeless character with modern convenience across an expansive 467 sqm layout. Featuring five bedrooms and five bathrooms, the upper level serves as the heart of the home, showcasing an open-plan living space with a premium kitchen and breathtaking views of Caroline Bay. Step outside to the inviting outdoor entertaining area, seamlessly connected to the indoor living spaces. The lower level is configured to cater to a large family or guests, with an elegant entrance foyer, formal lounge, separate living area and the second modern kitchen. Every detail of this property has been carefully considered to offer unparalleled comfort and convenience. Features include multiple heating options, upgraded wiring and plumbing, a four-car internal-access garage, and a dedicated office or study. Opportunities like this are rare in Timaru. Don't miss the chance to own a home of such exceptional quality and scale.