Located at 3 Aviemore Street, Glenwood, Timaru, this residential dwelling boasts a freehold ownership type with a floor area of 124 square meters and a generous land area of 620 square meters. Constructed in 1970, the property features three bedrooms, a bathroom, and a carpark. The exterior is made of concrete with an iron roof, both in good condition. The property sits on level ground, making it an attractive option for families or investors. The open plan kitchen and dining areas, alongside an adjacent living area with sliding doors, lead to a north-facing wooden deck and garden area. The home is equipped with two heat pumps, ensuring a comfortable living environment year-round. New carpeting throughout the home and a closed-in carport with off-street parking add to the property's appeal.
The capital value of the property has seen a significant increase, from $395,000 in September 2020 to $495,000 in September 2023, marking a 25.32% growth. The HouGarden AVM estimates the property's value at $485,000. The latest sale recorded was on February 7, 2024, for $465,000, showing a steady appreciation from the $278,000 sale on July 4, 2014. This property represents an excellent opportunity for investors, first home buyers, or those looking to downsize.
The property is well-positioned within the school zones of St Joseph's School (Timaru), Mountainview High School, Craighead Diocesan School, Highfield School, and Roncalli College, with decile ratings ranging from 6 to 9. This makes it an ideal choice for families prioritizing education.
Updated on March 22, 2024.