50 Balmoral Street, Marchwiel, Timaru

Nestled on a quiet cul-de-sac at 50 Balmoral Street, Marchwiel, Timaru, this freehold property boasts a charming residential dwelling. Constructed in 1980 with stone walls and an iron roof, both in good condition, it offers 3 bedrooms, 2 carparks, and a generous floor area of 113 square meters on a levelled 722 square meter section. The capital value has seen a remarkable increase of 25.97% from $385,000 in 2020 to $485,000 as of 2023. The HouGarden AVM estimates the property at $445,000, while the latest sale history includes transactions in 2003 for $132,000 and in 1992 for $110,000.

Educationally, the property falls within the zone of several esteemed schools. St Joseph's School and Highfield School are both full primary schools with a decile rating of 7. Mountainview High School and Roncalli College cater to secondary students with deciles of 6 and 7 respectively, while Craighead Diocesan School, a secondary school, holds a prestigious decile rating of 9.

Perfect for families, this property presents a golden opportunity to invest in a sought-after location with excellent school options, all set in a tranquil environment that promotes a family-friendly lifestyle.

Updated on December 03, 2024