Located at 304 Pages Road, Gleniti, Timaru, this residential dwelling boasts four bedrooms and a spacious floor area of 195 sqm, set on a large 2821 sqm freehold section. The property features a brick exterior with an iron roof, reflecting its construction era in the 1950s. The wall condition is rated as average, while the roof is in good condition. The property is level, making it easily accessible and versatile for various outdoor activities or future developments.
The capital value of this property has seen a significant increase, from $800,000 in September 2020 to $960,000 in September 2023, marking a 20% growth. The HouGarden AVM estimates its value at $922,500. Historical sales data reveals a steady appreciation in value, with the latest sale recorded at $670,000 in October 2014, up from $285,000 in July 1995. This property offers potential for subdivision with council consent, alongside a partial covenant to the west ideal for garden development in a newly built home.
Education is well catered for, with the property falling within the zones for Gleniti School (decile 9), St Joseph's School (Timaru) (decile 7), Mountainview High School (decile 6), Craighead Diocesan School (decile 9), and Roncalli College (decile 7). These schools offer a range of educational opportunities for families looking to move into the area.
Updated on April 06, 2024.