18 Kent Street, Marchwiel, Timaru

Nestled at 18 Kent Street, Marchwiel, Timaru, this residential dwelling is a charming representation of classic architecture, built in 1955 with brick walls and tiled roofing. It stands on a freehold property with a steep fall contour, offering 4 bedrooms, a spacious floor area of 121 square meters, and a land area of 731 square meters, complete with a carpark. The property's condition is average, both in walls and roof, making it a perfect blend of vintage appeal and modern comfort.

As for financials, the capital value has seen a significant increase from $340,000 in September 2020 to $430,000 in September 2023, indicating a growth rate of 26.47%. HouGarden AVM estimates the property's value at $412,500, while the latest sale in March 2024 was recorded at $390,000, reflecting a stable investment opportunity in this quiet cul-de-sac.

For families with school-going children, the property falls within the catchment area of several reputable schools. St Joseph's School (Timaru) rates a decile 7, Mountainview High School a decile 6, Oceanview Heights School a decile 2, Craighead Diocesan School a decile 9, and Roncalli College a decile 7, ensuring a variety of educational options for all ages.

Updated on April 11, 2024