Indicative price guide - Enquiries Over $649,000 (Plus GST if any)

Every now and then, a property comes to the market that offers something genuinely different. Welcome to 36 Matilda Street, where vision, thoughtful design and an eye for opportunity have combined to create something rather special!

What was once a tired, rundown cottage in a superbly convenient location has undergone an extraordinary transformation. Our vendors saw the potential, rolled up their sleeves and effectively rebuilt the home from the bottom up. From new piles in places, flooring and internal linings through to updated electrical wiring, plumbing, double glazing and so much more, the result is a charming cottage with all the comforts of modern-day living.

A beautifully presented three bedroom home, complete with a stylish family bathroom and stunning open-plan kitchen, dining and living spaces. Designed with everyday comfort and entertaining in mind, these areas flow effortlessly onto a semi-covered, north-facing deck — the perfect spot to relax and unwind.

But here’s where this property gets really interesting! The vision didn’t stop at the cottage. Recognising the potential of the section, our vendors went a step further, designing and constructing a bespoke, standalone second dwelling.

Purpose-built as a self-contained studio apartment, this beautifully considered addition enjoys its own north-facing deck and dedicated parking area, providing privacy and independence from the main home. Already operating as a successful Airbnb with fantastic guest feedback, it opens the door to a world of possibilities.

Whether you’re a savvy investor looking for a dual-accommodation opportunity, a family wanting independent space for visiting parents or extended family, or simply someone who loves the idea of living in one dwelling while generating income from the other, the flexibility here is hard to ignore.

And let’s not forget the location! With Timaru’s town centre, restaurants, cafés and the ever-popular Caroline Bay all within easy reach - convenience and lifestyle go hand in hand.

Two dwellings. One title. Multiple possibilities. Properties offering this level of versatility, presentation and income potential are certainly worth your attention. The hard work, planning and vision have already been taken care of. Now it’s your turn to enjoy the rewards!