2 Gleniti Road, Gleniti, Timaru

Positioned within the esteemed Gleniti locale, this charming two-bedroom, one-bathroom abode with a single carpark is a gem on a cross-lease title. Constructed in 1970 with stone walls and an iron roof, the property presents an average condition both inside and out, sitting on a level contour. The residence boasts a floor area of 100 square meters, complemented by a vibrant garden that adds to its curb appeal. Notably, the capital value has seen a rapid increase of 27.94% from $340,000 in 2020 to $435,000 as of 2023, while the HouGarden AVM estimates it at $422,500. The latest sale history is marked by a transaction of $477,000 in June 2024, a significant leap from the $84,500 sale in 2001.

For families with school-aged children, the property falls within the zones of highly regarded educational institutions. Gleniti School, a full primary with a decile rating of 9, is nearby. Additionally, St Joseph's School (Timaru), Mountainview High School, Craighead Diocesan School, and Roncalli College are all within reach, catering to various educational stages and decile ratings.

Set in a quiet cul-de-sac, this property is perfect for those seeking a serene lifestyle, conveniently located adjacent to Centennial Park and Gleniti Park, with the Gleniti Golf Club just a stone's throw away. Whether you're looking for a nesting place or a sound investment, this property holds great promise.

Updated on August 01, 2024