Nestled in the serene Pukatea Street of Glenwood, Timaru, this charming residence boasts a freehold title on a levelled 668sqm of land. Constructed in 1970 with concrete walls and an iron roof, both in good condition, the property offers 3 bedrooms, 1 bathroom, and a single carpark, with a floor area of 107sqm. The capital value has seen a remarkable increase of 25.3% from $415,000 in 2020 to $520,000 in 2023. The latest sale history showcases a significant jump from $432,500 in 2020 to $585,500 in 2024, echoing the property's rising worth. HouGarden AVM estimates the property at $500,000, making it an attractive investment. The home features an open plan kitchen and dining area, adjacent to a cozy living space that bathes in sunlight, leading to a well-manicured backyard. It is heated throughout with a heat pump and includes a garage, workshop, and ample off-street parking.
For families with school-aged children, the property falls within the decile 7 St Joseph's School and Highfield School zones, as well as the decile 6 Mountainview High School and decile 9 Craighead Diocesan School catchments, ensuring access to quality education.
With such a combination of a desirable location, strong capital growth, and educational opportunities, this beautifully presented family home in a quiet cul-de-sac is not to be missed.
Updated on April 11, 2024