50 Arun Street, Marchwiel, Timaru

Nestled at 50 Arun Street, Marchwiel, Timaru, this residential dwelling boasts a freehold title on a land area of 1083 sqm. Constructed in 1960 with brick walls and an iron roof, both in good condition, the property enjoys an easy/moderate rise contour. It features 3 bedrooms, a spacious floor area of 228 sqm, and a generous 4 carparks. The capital value has seen a significant increase of 32.58% from $445,000 in 2020 to $590,000 as of 2023.

With a HouGarden AVM of $572,500, the property's recent sale history and government valuation reflect a promising investment. The current capital value growth percentage is an attractive feature for potential buyers.

For families with school-aged children, the property falls within the zones of St Joseph's School (Full Primary, Decile 7), Mountainview High School (Secondary, Decile 6), Oceanview Heights School (Full Primary, Decile 2), Craighead Diocesan School (Secondary, Decile 9), and Roncalli College (Secondary, Decile 7), offering a range of educational options.

Updated on August 22, 2024