11 Usk Street, Marchwiel, Timaru

Nestled in the serene Usk Street of Marchwiel, Timaru, this residential dwelling on a freehold title boasts 3 bedrooms, a single carpark, and a floor area of 109 square meters on a sprawling 612 square meter plot. Constructed in 1970 with robust concrete walls and durable aluminium roofing, the property is in good condition both inside and out. The capital value has seen a remarkable increase of 26% from $345,000 in 2020 to $435,000 in 2023, reflecting a strong growth trend. The latest sale history is also impressive, with a sale price of $444,000 in 2024, up from $299,000 in 2016.

Valuations are promising, with the government's CV at $435,000 and HouGarden AVM at $417,500, indicating a property loaded with potential, ready for a keen buyer to add their unique touches. The home features a separate lounge, open-plan kitchen/dining, and well-insulated spaces heated by a heat pump, offering both comfort and convenience.

For families with children, the property falls within the catchment area of several reputable schools. St Joseph's School (Timaru) and Mountainview High School are both decile 7 and 6 respectively, while Craighead Diocesan School boasts a decile 9 rating. Oceanview Heights School and Roncalli College are also in close proximity, providing a range of educational options for families.

Updated on April 11, 2024