23 Athol Place, Marchwiel, Timaru

Nestled at 23 Athol Place, Marchwiel, Timaru, this Residential Dwelling on a Freehold title boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1961 with roughcast walls and an iron roof, the property sits on a level contour with a floor area of 67sqm and a land area of 756sqm. The CV has seen a rapid increase from $250,000 in 2020 to $330,000 in 2023, indicating a growth of 32%. The roof and walls are in average condition, and the property presents an immaculate, functional modern kitchen and bathroom.

With a HouGarden AVM valuation matching the current CV and a latest sale history showing an increase from $242,000 in 2019 to $345,000 in 2024, this property has proven to be a sound investment. It's no surprise that "Harrys Place" has been a successful venture as both an investment and an Air B&B for the current vendors.

For families with school-aged children, the property falls within the zones of St Joseph's School (Decile 7) and Mountainview High School (Decile 6), among others. The super starter home, with its practical open plan layout, sun-soaked conservatory, and convenient location near schools, eateries, and amenities, is an opportunity not to be missed.

Updated on November 06, 2024