Nestled in the coveted Macaulay Street of Gleniti, Timaru, this freehold property boasts a serene environment with a touch of privacy. Constructed in 1974 with concrete walls and tiled roofing, the dwelling maintains a good condition both inside and out. It stands on a land area of 638 square meters, with a floor area of 190 square meters, and includes 3 bedrooms, 2 carparks, and a modern kitchen equipped with up-to-date appliances and a large granite bench. The capital value has seen a remarkable increase of 26% from $460,000 in 2020 to the current $580,000. The HouGarden AVM estimates the property at $562,500, while the latest sale history shows a progression from $302,000 in 2011 to $520,000 in 2021.
With a property contour that offers an easy to moderate rise, this residence is not just a home but an investment with a promising future. The government valuations and sales history reflect a consistent growth, making it an attractive opportunity for potential buyers.
For families with children, the property falls within the boundaries of several high-performing schools. Gleniti School is a full primary with a decile rating of 9, while St Joseph's School and Mountainview High School are rated 7 and 6 respectively. Craighead Diocesan School and Roncalli College, both secondary schools, have decile ratings of 9 and 7, ensuring a quality education for the kids.
Updated on August 05, 2024