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400 Wai-Iti Road, Gleniti, Timaru, 3 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 06 Day 12

400 Wai-Iti Road, Gleniti, Timaru

3
140m2
602m2

Nestled in the serene Wai-Iti Road of Gleniti, Timaru, this 1970-built, freehold property boasts 3 bedrooms, 2 carparks, and a spacious floor area of 140 square meters on a levelled 602 square meter land. The residence features concrete walls in good condition and an iron roof, also well-maintained. The capital value has seen a significant increase of 25% from $440,000 in 2020 to $550,000 as of 2023, echoing the rising demand for properties in this prime location. The HouGarden AVM estimates the property's worth at $535,000, with the latest sales recorded at the same CV in 2021 and 2024, highlighting the property's consistent market value.

With a decile 9 Gleniti School and other reputable educational institutions nearby, such as St Joseph's School, Mountainview High School, Craighead Diocesan School, and Roncalli College, this home is perfect for families seeking top-notch education for their children. The current owner's work relocation has opened up a unique opportunity to acquire this meticulously kept home, which offers privacy, sun-drenched spaces, and potential for personalization.

Don't miss the chance to secure this gem in a quiet cul-de-sac, where the generous living areas and the well-appointed double garage make it an ideal setting for both relaxation and entertainment. The owner's urgency may be your gain, so act now to make this home yours.

Updated on July 26, 2024

Council Data

Last update : 2024 12 11
Improvement value$280,000Increased by 21% from year 2020
Land value$270,000Increased by 28% from year 2020
CV(Year 2023 Month 09)$550,000Increased by 25% from year 2020
DeckYes
View typeNo appreciable view
ContourLevel
Land area602m²
Floor area140m²
Decade of construction1970
TitleCB9B/1135
Type of titleFreehold
Legal descriptionLOT 2 DP 27497
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 27497,602m2
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningRES 1

School zones

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

Property history

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For developers

Unitary plan:RES 1
Land:602m²
Title:Freehold

Surrounding facilities

Wai-Iti Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
4 Chateau Close, Gleniti
0.20 km
3
2
193m2
Year 2024 Month 11 Day 11
-
Council approved
17a Hopkins Street, Gleniti
0.20 km
2
1
140m2
Year 2024 Month 10 Day 24
$445,000
Council approved
0.17 km
3
2
220m2
Year 2024 Month 10 Day 10
-
Council approved
0.18 km
2
1
90m2
Year 2024 Month 08 Day 02
$395,000
Council approved
2/426 Wai-iti Road, Gleniti
0.15 km
2
1
90m2
Year 2024 Month 07 Day 29
$285,000
Council approved

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