Nestled in the serene cul-de-sac of Tawa Street, Glenwood, Timaru, this charming 3-bedroom residence on a Freehold title offers a delightful opportunity. Constructed in 1965 with robust concrete walls and an Iron roof in good condition, the property boasts a floor area of 126sqm on a generous 670sqm section. The capital value has seen a notable increase of 25.32% from $395,000 in 2020 to $495,000 as of 2023. The property, with a HouGarden AVM of $450,000, presents a functional kitchen/dining flowing into the living area and a modernized bathroom. It also includes a heat pump for year-round comfort and a single carpark. The latest sale history shows a transaction at $515,000 in 2024, a significant leap from the $105,600 sale in 1996. This home, in a family-friendly zone, is close to Highfield School and other educational facilities.
For investors, the property's CV growth and the recent sale price indicate a promising investment. The convenient location within the catchment area of St Joseph's School (Decile 7) and Mountainview High School (Decile 6) adds to the property's allure. Additionally, the proximity to Craighead Diocesan School (Decile 9) and Roncalli College (Decile 7) makes it an ideal choice for families with school-going children.
Whether you seek a treasure to cherish or a canvas to transform, this property holds great potential.
Updated on December 18, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.06 km | 3 | 2 | 210m2 | Year 2024 Month 11 Day 20 | $772,000 | Council approved | |
 | 0.18 km | 3 | 189m2 | Year 2024 Month 11 Day 19 | $660,000 | Council approved | ||
 | 0.19 km | 2 | 1 | 130m2 | Year 2024 Month 10 Day 22 | - | Council approved | |
 | 0.25 km | 3 | 1 | 200m2 | Year 2024 Month 10 Day 14 | - | Council approved | |
 | 0.27 km | 2 | 115m2 | Year 2024 Month 09 Day 12 | $535,000 | Council approved |