This charming residential dwelling at 64 Luxmoore Road, Marchwiel, Timaru, boasts 2 bedrooms, 1 bathroom, and a single carpark, covering a floor area of 75 square meters on a generous 668 square meter freehold section. Constructed in 1940 with wood walls in good condition and a tile roof rated as average, this property is perfectly contoured for level living. The home features weatherboard with aluminium window joinery, a kitchen/dining area suitable for a smallish table, a separate lounge with a heat pump, two double bedrooms with wardrobes, a bathroom with shower over bath, two garden sheds, and a single lock-up garage. Early possession is available, and it's conveniently located close to schooling and Ashbury shops.
From a valuation perspective, the capital value has seen a significant increase from $250,000 in September 2020 to $340,000 in September 2023, marking a 36% growth. The latest sale on January 17, 2024, recorded a sale price of $384,000, up from $239,000 in March 2019. The HouGarden AVM estimates the property's value at $325,000.
In terms of education, the property is zoned for several reputable schools including St Joseph's School (Timaru) and Mountainview High School, both offering quality education with decile ratings of 7 and 6, respectively. Other nearby educational institutions include Grantlea Downs School (decile 5), Craighead Diocesan School (decile 9), and Roncalli College (decile 7), ensuring a range of options for families.
Updated on April 06, 2024.