Nestled in the serene Dunkirk Street of Marchwiel, Timaru, stands this charming 1950s residence, a testament to enduring craftsmanship. This freehold property, with its wood exterior and fibrous cement roof, offers a cozy 122sqm floor area on a sprawling 685sqm of level land. It boasts three sun-soaked bedrooms and is perfect for families and pets, thanks to its flat northwest backyard. The property has seen a significant Capital Value increase of 34.04%, from $235,000 in 2020 to $315,000 as of 2023. The HouGarden AVM estimates it at $305,000, while the latest sale history includes transactions in 2006 and 1993. Close to the new Showgrounds shopping centre, it falls within the zones of esteemed schools such as St Joseph's School (Decile 7), Mountainview High School (Decile 6), and Grantlea Downs School (Decile 5), with Craighead Diocesan School (Decile 9) and Roncalli College (Decile 7) also in proximity.
Currently tenanted, this property presents a golden opportunity for investors looking to secure a piece of Timaru's thriving real estate market.
Updated on April 15, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.18 km | 3 | 1 | 110m2 | Year 2024 Month 06 Day 25 | $415,000 | Council approved | |
 | 0.28 km | 3 | 1 | 107m2 | Year 2024 Month 04 Day 29 | $500,000 | Council approved | |
0.25 km | 180m2 | Year 2024 Month 04 Day 08 | $580,000 | Council approved | ||||
0.36 km | 3 | 1 | 100m2 | Year 2024 Month 04 Day 04 | $420,000 | Council approved | ||
 | 0.35 km | 3 | 1 | 100m2 | Year 2024 Month 03 Day 22 | $398,000 | Council approved |