184 Morgans Road, Marchwiel, Timaru

Nestled on a quiet cul-de-sac at 184 Morgans Road, Marchwiel, Timaru, this freehold property boasts a residential dwelling with a brick exterior and tiled roof, built in 1994 and maintained in good condition. It features 3 bedrooms, a family bathroom with bath and shower options, an ensuite off the master bedroom, and a semi-open plan living area graced by a logfire and heat pump. The 230sqm floor area is complemented by a double internal access garage, workshop, and off-street parking on the levelled 777sqm section. The property has seen a CV increase of 21.43% from $560,000 in 2020 to $680,000 as of 2023, with a HouGarden AVM of $650,000, and a historical sale in 1994 for $220,000.

With a promising investment history, this property is located within a sought-after school zone. St Joseph's School (Timaru) and Highfield School both have a decile rating of 7, while Mountainview High School and Roncalli College cater to secondary students with decile ratings of 6 and 7 respectively. Craighead Diocesan School, a secondary school with a decile rating of 9, is also in the vicinity.

This excellent family home, with its appealing combination of comfort, convenience, and educational opportunities, is a gem waiting to be discovered.

Updated on April 18, 2024