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2 Gleniti Road, Gleniti, Timaru, 2 Bedrooms, 1 Bathrooms, House

Sold: $477,000

Sold on 2024 Year 2024 Month 06 Day 19

2 Gleniti Road, Gleniti, Timaru

2
1
100m2

Positioned within the esteemed Gleniti locale, this charming two-bedroom, one-bathroom abode with a single carpark is a gem on a cross-lease title. Constructed in 1970 with stone walls and an iron roof, the property presents an average condition both inside and out, sitting on a level contour. The residence boasts a floor area of 100 square meters, complemented by a vibrant garden that adds to its curb appeal. Notably, the capital value has seen a rapid increase of 27.94% from $340,000 in 2020 to $435,000 as of 2023, while the HouGarden AVM estimates it at $422,500. The latest sale history is marked by a transaction of $477,000 in June 2024, a significant leap from the $84,500 sale in 2001.

For families with school-aged children, the property falls within the zones of highly regarded educational institutions. Gleniti School, a full primary with a decile rating of 9, is nearby. Additionally, St Joseph's School (Timaru), Mountainview High School, Craighead Diocesan School, and Roncalli College are all within reach, catering to various educational stages and decile ratings.

Set in a quiet cul-de-sac, this property is perfect for those seeking a serene lifestyle, conveniently located adjacent to Centennial Park and Gleniti Park, with the Gleniti Golf Club just a stone's throw away. Whether you're looking for a nesting place or a sound investment, this property holds great promise.

Updated on August 01, 2024

Council Data

Last update : 2024 12 11
Improvement value$270,000Increased by 25% from year 2020
Land value$165,000Increased by 32% from year 2020
CV(Year 2023 Month 09)$435,000Increased by 27% from year 2020
View typeNo appreciable view
ContourLevel
Floor area100m²
Decade of construction1970
Title309676
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 377045 ON LOT 1 DP 29061 - HAVING 1/2 SH IN 505 M2
CouncilTimaru
Estate descriptionFSIM,1/2,FLAT 2 AND GARAGE WITH FLAT 2 DEPOSITED PLAN 377045
ConstructionExternal Walls: Stone
Roof: Iron
ConditionExternal Walls: Average
Roof: Average
ZoningRES 1

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Gleniti School
0.56 km
Primary
1-8
Government
Co-Educational
EQI: 403
9
Mountainview High School
2.20 km
Secondary
9-15
Government
Co-Educational
EQI: 485
6
Craighead Diocesan School
2.33 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
St Joseph's School (Timaru)
2.50 km
Primary
1-8
Government
Co-Educational
EQI: 404
7
Roncalli College
4.31 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7

Property history

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For developers

Unitary plan:RES 1
Land:-
Title:Cross-Lease

Surrounding facilities

Gleniti Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
34 Hopkins Street, Gleniti
0.10 km
4
2
220m2
Year 2024 Month 12 Day 03
$635,000
Council approved
36 Hopkins Street, Gleniti
0.09 km
3
1
170m2
Year 2024 Month 08 Day 15
$530,000
Council approved
6 Oak Place, Gleniti
0.11 km
3
1
140m2
Year 2024 Month 08 Day 08
-
Council approved
2/50 Hopkins Street
0.81 km
2
1
110m2
Year 2024 Month 07 Day 26
-
Council approved
2/50 Hopkins Street, Gleniti
0.15 km
2
110m2
Year 2024 Month 07 Day 03
$465,000
Council approved

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