22 Snowdon Road, Gleniti, Timaru

Nestled at 22 Snowdon Road, Gleniti, Timaru, this exceptional two-storey, low maintenance home boasts a Freehold title and is set on a Level contour. Constructed in 1990 with Roughcast walls and an Iron roof, both in Good condition, the property offers a floor area of 202 square meters and a land area of 117,171 square meters. It features a welcoming entranceway, fully double glazed windows, four carparks, and a mezzanine area with a balcony. The master bedroom and ensuite are conveniently located downstairs. The property is zoned for top-rated schools, including Gleniti School (Decile 9) and Craighead Diocesan School (Decile 9). The Capital Value (CV) has seen a rapid increase of 26.97% from $890,000 in 2020 to $1,130,000 as of 2023. HouGarden's AVM estimates the property's value at $1,052,500, while the recent sales history further testifies to its investment potential.

With a CV increase that outpaces the market average, this property presents a sound investment opportunity. The current CV of $1,130,000 reflects a significant jump from the previous valuation, indicating a high growth trajectory. The HouGarden AVM provides a conservative estimate, which still underscores the property's allure. Its strategic location within a sought-after school zone adds to its long-term value.

Educationally, the property falls within the catchment area of some of the best schools in the region. Gleniti School is a Full Primary with a Decile rating of 9, while nearby St Joseph's School offers a similar educational standard with a Decile rating of 7. For secondary education, both Mountainview High School (Decile 6) and Roncalli College (Decile 7) are options, with Craighead Diocesan School being a standout choice for a Secondary education with a Decile rating of 9.

Updated on December 09, 2024