Nestled on Wai-Iti Road in the serene Glenwood, Timaru, this charming 1910-built residence boasts a freehold title and presents a versatile layout that can be configured as a 4-bedroom, 1-living area home or a 3-bedroom, 2-living area haven. The property features an iron roof, wood exterior walls, and an average condition throughout. With a floor area of 118 square meters and a land area of 533 square meters, this home is well-insulated and equipped with the choice of a woodburner or heat-pump for the cooler months. The section is poised for subdivision, yet will retain ample space for a garden, with plans for a new fence and driveway.
Boasting a capital value of $500,000 as of September 2023, the property has seen a CV increase of 21.95% since September 2020. The HouGarden AVM estimates the property's value at $495,000, while the latest sale records from September 2024 and April 2021 indicate values of $499,100 and $440,000 respectively.
For families with school-aged children, the property falls within the catchment area of several well-regarded schools. St Joseph's School and Highfield School are both full primary schools with a decile rating of 7. Mountainview High School and Roncalli College cater to secondary students with decile ratings of 6 and 7 respectively, while Craighead Diocesan School, a secondary school for Years 7-15, holds a decile rating of 9.
Updated on November 06, 2024