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22 Snowdon Road, Gleniti, Timaru, 0 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 12 Day 06

22 Snowdon Road, Gleniti, Timaru

202m2
117171m2

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

Council Data

Last update : 2024 12 11
Improvement value$390,000Increased by 21% from year 2020
Land value$740,000Increased by 29% from year 2020
CV(Year 2023 Month 09)$1,130,000Increased by 26% from year 2020
DeckYes
View typeFocal Point Of view - Other
ContourLevel
Land area117171m²
Floor area202m²
Decade of construction1990
TitleCB20B/600;CB3A/473
Type of titleFreehold
Legal descriptionLOT 1 DP 4123 PT LOTS 1 3 DP 804 BLK X AROWHENUA SD BLK XVI PAREORA SD -PT LOTS 1 3 DP 804 SUBJ TO & WITH INT IN R/W PT LOT 3 DP 804 SUBJ TO R/W EASEMENT SHOWN ON DP 51861
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 4123
ConstructionExternal Walls: Roughcast
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningR 1

School zones

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

Property history

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For developers

Unitary plan:R 1
Land:117171m²
Title:Freehold

Surrounding facilities

Snowdon Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
57 Poplar Street, Gleniti
0.37 km
2
1
80m2
Year 2024 Month 08 Day 28
-
Council approved
118a Gleniti Road
0.18 km
3
1
199m2
Year 2024 Month 08 Day 12
-
Council approved
125 Dobson Street
0.18 km
0
0
0m2
Year 2024 Month 08 Day 08
-
Council approved
385 Pages Road, Gleniti
1.18 km
5
2
325m2
Year 2024 Month 07 Day 17
$2,100,000
Council approved
2.35 km
4
218m2
Year 2024 Month 06 Day 25
$1,500,000
Council approved

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