Located at 2 Rata Place, Glenwood, Timaru, this residential property features 2 bedrooms, a bathroom, and 1 carpark, covering a floor area of 110 square meters. With its construction dating back to 1971, the property boasts concrete walls and tile roofing, both in average condition. This Cross-Lease property sits on a level contour, presenting a unique opportunity for ownership in a serene neighborhood.
Over the years, the capital value of this property has seen a significant increase, from $295,000 in September 2020 to $380,000 in September 2023, marking a 28.81% growth. The latest sale recorded on January 17, 2024, was at $381,700, slightly above the current HouGarden AVM of $362,500. This growth trajectory underscores the property's appreciating value in the market.
The property is zoned for several reputable schools, including St Joseph's School (Timaru) and Highfield School, both full primary schools with a decile rating of 7. For secondary education, it falls within the zones for Mountainview High School and Roncalli College, with decile ratings of 6 and 7 respectively, and Craighead Diocesan School, known for its high decile rating of 9. This makes the property an ideal choice for families prioritizing quality education.
Updated on April 06, 2024.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.26 km | 4 | 1 | 130m2 | 2024 05 13 | $610,000 | Council approved | |
 | 0.23 km | 3 | 1 | 170m2 | 2024 05 08 | $618,000 | Council approved | |
0.14 km | 4 | 190m2 | 2024 04 23 | $625,000 | Council approved | |||
0.27 km | 3 | 125m2 | 2024 03 12 | $415,000 | Council approved | |||
 | 0.07 km | 3 | 1 | 107m2 | 2024 02 28 | $585,500 | Council approved |