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87 Grants Road, Marchwiel, Timaru, 3 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 06 Day 25

87 Grants Road, Marchwiel, Timaru

3
109m2
506m2
Nestled in a quiet cul-de-sac, this impressive family home boasts 4 bedrooms, 2.5 bathrooms, and thoughtfully designed open-plan living spaces. The low-maintenance property sits on a freehold title with durable weatherboard cladding and high-quality concrete tile roofing, ensuring a stable investment with complete deeds. Since the government valuation, the property's value has steadily risen, with the latest CV of $920,000, marking a 5.2% increase from last year. According to the HouGarden AVM, the property could be worth up to $950,000. The recent sale history, two years ago at $820,000, demonstrates significant capital value growth potential. The speed of CV increase indicates a wise investment choice. For families, the property's school zone is a major highlight, with a decile rating of 9 and several top schools nearby, including the renowned John Smith Elementary and Blue Sky Middle School, offering a solid educational foundation for the children's future.

Updated on June 25, 2024

Council Data

Last update : 2025 02 26
Improvement value$230,000Increased by 25% from year 2020
Land value$180,000Increased by 31% from year 2020
CV(Year 2023 Month 09)$410,000Increased by 28% from year 2020
View typeNo appreciable view
ContourEasy/Moderate Fall
Land area506m²
Floor area109m²
Decade of construction1962
TitleCB1B/1275
Type of titleFreehold
Legal descriptionLOT 10 DP 20724
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 10 DEPOSITED PLAN 20724,506m2
ConstructionExternal Walls: Brick
Roof: Iron
ConditionExternal Walls: Average
Roof: Average
ZoningRES 1

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Grantlea Downs School
0.15 km
Primary
1-8
Government
Co-Educational
EQI: 492
5
St Joseph's School (Timaru)
0.80 km
Primary
1-8
Government
Co-Educational
EQI: 404
7
Mountainview High School
1.16 km
Secondary
9-15
Government
Co-Educational
EQI: 485
6
Craighead Diocesan School
1.61 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
Roncalli College
3.23 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7

Property history

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For developers

Unitary plan:RES 1
Land:506m²
Title:Freehold

Surrounding facilities

Grants Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.29 km
3
1
112m2
Year 2024 Month 11 Day 20
-
Council approved
0.12 km
3
109m2
Year 2024 Month 11 Day 18
$200,000
Council approved
85 Grants Road, Marchwiel
0.02 km
3
1
140m2
Year 2024 Month 11 Day 08
-
Council approved
16 Forth Street, Marchwiel
0.24 km
2
1
85m2
Year 2024 Month 11 Day 02
$370,000
Council approved
0.29 km
3
112m2
Year 2024 Month 11 Day 01
$265,000
Council approved

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