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3/39 Gleniti Road, Gleniti, Timaru, 2 Bedrooms, 1 Bathrooms, Unit

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 06 Day 12

3/39 Gleniti Road, Gleniti, Timaru

2
1
80m2

Nestled in the serene suburb of Gleniti, this fully renovated two-bedroom unit basks in sunlight throughout the day. It boasts a prime location, off-street parking with a spacious single garage, and a private backyard. Constructed in 1973 with concrete walls and an iron roof, both in good condition, this cross-lease property offers modern comforts like a log burner installed in 2022 and a heat pump. The well-appointed bathroom includes a bath, shower, and separate toilet. With a government valuation (CV) of $430,000 as of September 2023, reflecting a 38.71% increase since 2020, and a HouGarden AVM of $402,500, this property presents a sound investment. Notably, the latest sales were recorded at $432,000 in 2021 and $295,000 in 2020. Educationally, it falls within the zones of 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), offering a range of schooling options.

Updated on June 12, 2024

Council Data

Last update : 2024 12 11
Improvement value$275,000Increased by 43% from year 2020
Land value$155,000Increased by 30% from year 2020
CV(Year 2023 Month 09)$430,000Increased by 38% from year 2020
View typeNo appreciable view
ContourLevel
Floor area80m²
Decade of construction1973
TitleCB11K/811
Type of titleCross-Lease
Legal descriptionFLAT 3 DP 29876 WITH UNDIVIDED 1/3 INT IN LOT 1 DP 25218
CouncilTimaru
Estate descriptionFSIM,1/3,FLAT 3 DEPOSITED PLAN 29876
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningRES 1

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Gleniti School
0.28 km
Primary
1-8
Government
Co-Educational
EQI: 403
9
Mountainview High School
2.21 km
Secondary
9-15
Government
Co-Educational
EQI: 485
6
Craighead Diocesan School
2.49 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
St Joseph's School (Timaru)
2.55 km
Primary
1-8
Government
Co-Educational
EQI: 404
7
Roncalli College
4.54 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
36 Hopkins Street, Gleniti
0.28 km
3
1
170m2
Year 2024 Month 08 Day 15
$530,000
Council approved
41 Macaulay Street, Gleniti
0.26 km
3
1
190m2
Year 2024 Month 08 Day 05
-
Council approved
2/50 Hopkins Street
0.74 km
2
1
110m2
Year 2024 Month 07 Day 26
-
Council approved
2/50 Hopkins Street, Gleniti
0.20 km
2
110m2
Year 2024 Month 07 Day 03
$465,000
Council approved
2 Gleniti Road, Gleniti
0.28 km
2
1
100m2
Year 2024 Month 06 Day 19
$477,000
Council approved

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