4 Balmoral Street, Marchwiel, Timaru

Nestled in the tranquility of 4 Balmoral Street, Marchwiel, Timaru, this charming 1966-built residence offers the perfect blend of classic appeal and modern convenience. Situated on a freehold section of 551sqm, the property boasts 3 bedrooms, 1 bathroom, and a single carpark, with a floor area of 95sqm. The exterior is adorned with robust brick walls and a reliable iron roof, both in good condition. The property's capital value has seen a remarkable increase of 27.14% from $350,000 in 2020 to $445,000 as of 2023, reflecting a strong growth trend. The latest sale history includes a transaction at $440,000 in June 2024, and $340,000 in April 2018, while the HouGarden AVM estimates the property's worth at $437,500.

For families with school-aged children, the property falls within the catchment area of several well-regarded 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 decile ratings of 6 and 7 respectively, while Craighead Diocesan School, a secondary school with a decile rating of 9, offers an exceptional educational opportunity.

With its prime location, solid structure, and promising investment potential, this property is an attractive proposition for both first-time buyers and seasoned investors. The vendors are motivated, and this property must be sold.

Updated on August 07, 2024