17a Hopkins Street, Gleniti, Timaru

Nestled in the sought-after Gleniti neighborhood, this residential ownership home unit at 17a Hopkins Street offers a promising investment or downsizing opportunity. Constructed in 1975 with iron roofing and concrete walls in good condition, the property sits on an easy-to-moderate fall contour. It boasts a spacious floor area of 140m2, including 2 bedrooms with ample built-in wardrobe space, a modernized bathroom with a large shower, and an original yet tidy kitchen with a generous pantry. The living area is bright and sunny, flowing from the separate dining space to the expansive lounge. Outside, a well-established front garden adds to the property's curb appeal, while the single garage with an automatic door opener provides extra storage or workshop potential. This cross-lease property has seen a significant Capital Value increase of 28.125% from $320,000 in 2020 to $410,000 in 2023, with a HouGarden AVM of $407,500. The latest sale history includes a transaction at $445,000 in 2024 and $266,000 in 2016.

For families, the property falls within the catchment of several reputable schools. Gleniti School is a Full Primary with a decile rating of 9, while St Joseph's School and Roncalli College in Timaru cater to Full Primary and Secondary students respectively, with deciles of 7. Mountainview High School and Craighead Diocesan School offer Secondary education with deciles of 6 and 9 respectively.

With potential plus and a great location, this property is a compelling choice for any buyer.

Updated on November 27, 2024