Nestled at 18 Argyle Street, Marchwiel, Timaru, this charming 2-bedroom, 1-bathroom residence with a sunroom is a gem on a Freehold title. Constructed in 1940 with brick walls and an iron roof, it offers an open-plan living area and modern amenities. The property sits on a level contour with a floor area of 94sqm and a land area of 569sqm, complete with a heat pump, a spacious backyard, and two garages. Notably, the Capital Value (CV) has seen a rapid increase of 41.82% from $275,000 in 2020 to $390,000 in 2023. The HouGarden AVM estimates it at $392,500, with the latest sale recorded at $390,000 in 2022, and a previous one at $263,000 in 2018.
For families with school-aged children, the property falls within the zones of St Joseph's School (Decile 7), Mountainview High School (Decile 6), Grantlea Downs School (Decile 5), Craighead Diocesan School (Decile 9), and Roncalli College (Decile 7), ensuring access to quality education.
Whether you're a first home buyer, investor, or seeking to downsize, this residence in a quiet cul-de-sac presents an attractive opportunity.
Updated on October 01, 2024