Located at 30 Kent Street, Marchwiel, Timaru, this residential dwelling from the 1950s boasts a floor area of 95 square meters on a generous 650 square meter freehold land. The property features two bedrooms, one bathroom, and one carpark. It is constructed with concrete walls and an aluminium roof, both in average condition, and sits on a level contour. The home is distinguished by its huge street appeal and a stunning view of Caroline Bay, offering an open-plan kitchen/living area, a large lounge for separate living, and recent rewiring. The outdoor area includes a pergola for relaxation or entertainment, well-maintained grounds, an established garden, a single garage, a carport, and ample off-street parking.
The property has seen a significant increase in capital value, from $325,000 in September 2020 to $415,000 in September 2023, marking a 27.69% growth. The HouGarden AVM estimates its value at $407,500. Its sale history shows a purchase at $465,000 in February 2024, following a previous sale at $297,000 in June 2018. This demonstrates a robust appreciation in value, reflecting the property's desirability and the market's recognition of its worth.
The property is zoned for several reputable schools, enhancing its appeal for families. St Joseph's School (Timaru) and Oceanview Heights School, both full primary schools, have deciles of 7 and 2, respectively. For secondary education, Mountainview High School and Roncalli College offer comprehensive learning environments with deciles of 6 and 7, while Craighead Diocesan School, catering to years 7-15, boasts a decile of 9. This diverse range of educational options underscores the property's advantageous location for families prioritizing quality education.