1 Lachlan Place, Marchwiel, Timaru

This superbly presented family home, located at 1 Lachlan Place, Marchwiel, Timaru, is a must-see for those seeking quality living in a sought-after area. The property boasts three spacious bedrooms and features a modern open plan kitchen/dining area, alongside a generous lounge complete with a log burner for cozy evenings. Outdoors, the home offers great decking and entertainment spaces, a separate laundry, two toilets, and internal access to a high-ceiling double garage, which is even suitable for a campervan. The residence, built in 1980 with concrete walls and an iron roof, both in good condition, sits on a 777 square meter freehold section with an easy/moderate rise contour. The floor area of the house is 200 square meters, providing ample space for family activities.

Financially, the property has seen a significant increase in capital value, rising from $445,000 in September 2020 to $550,000 in September 2023, marking a 23.6% growth. The latest HouGarden AVM estimates the property's value at $537,500. Historically, the house was sold for $342,000 in January 2012 and $147,500 in September 1999, reflecting the area's steady real estate appreciation.

Education is well catered for, with the property being zoned for several highly regarded schools including St Joseph's School (Timaru) and Highfield School, both full primary schools with a decile rating of 7. For older students, Mountainview High School, Craighead Diocesan School, and Roncalli College offer secondary education, with decile ratings of 6, 9, and 7 respectively, ensuring a variety of options for quality education.

Updated on March 26, 2024.