Nestled in the esteemed Kelson Road of Gleniti, Timaru, this prime vacant section on a freehold title presents an inviting opportunity. With an impressive land area of 1494m2, it offers a picturesque setting with an easy/moderate fall contour, creating a perfect level-build platform. The property boasts an unknown roof and wall construction, ready to be tailored to your dream home aspirations. Already attracting attention, the property saw a latest sale on 2024-10-07 for $300,000, reflecting its premier positioning.
Boasting a significant increase in Capital Value (CV), from $215,000 in 2020 to the current $275,000, this section has appreciated by a notable 27.91%. The HouGarden AVM mirrors this value, indicating a strong market sentiment. The property's potential is further enhanced by its location within the catchment area of esteemed schools such as Gleniti School (Decile 9), St Joseph's School (Decile 7), Mountainview High School (Decile 6), Craighead Diocesan School (Decile 9), and Roncalli College (Decile 7), ensuring quality education for the family.
With services to the boundary and excavation works already completed, this section in a quiet cul-de-sac is ready for your vision. The stunning backdrop of the Hunter Hills adds to the allure. The vendors, though reluctant, are passing on their preliminary plans to inspire your dream home. Could 2024 be the year you seize the opportunity to build it?
Updated on November 27, 2024