Embrace the allure of a bygone era with this charming 1930s residence, proudly sitting behind an enchanting picket fence on the serene 8 Balmoral Street, Marchwiel, Timaru. This freehold property, with its Iron roof and Wood exterior, offers a cozy 111sqm floor area on a steeply contoured 966sqm section. It boasts three ample bedrooms, two car parks, and an open-plan living space that marries vintage charm with modern practicality. The property's Capital Value has seen a rapid increase of 38.71%, from $310,000 in 2020 to $430,000 as of 2023, while the HouGarden AVM estimates it at $427,500. The latest sales history shows transactions at $410,000 in 2024 and $415,000 in 2021, indicating a stable growth trend in the area.
For families with school-aged children, the property falls within the catchment of several well-regarded institutions. St Joseph's School and Highfield School, both with a decile rating of 7, cater to primary students, while Mountainview High School and Roncalli College, with deciles 6 and 7 respectively, serve secondary students. Craighead Diocesan School, a prestigious secondary school with a decile rating of 9, is also within reach.
With its blend of timeless appeal and modern convenience, this property is not just a home but an investment in a promising future.
Updated on November 20, 2024