Located at 74 Mountain View Road, Glenwood, Timaru, this well-loved family home is a gem in the residential category, boasting 3 bedrooms and a floor area of 129 square meters on a generous 587 square meter freehold section. The property features concrete walls and tile roofing, both in average condition, reflecting its 1970s build. The level contour of the property adds to its appeal, making it a perfect fit for families looking for a spacious and comfortable living environment.
Over the years, the capital value of this property has seen a significant increase, from $420,000 in September 2020 to $520,000 in September 2023, marking a 23.81% growth. This is complemented by a HouGarden AVM of $500,000. The latest sale, in January 2024, was at $589,000, significantly higher than its previous sale price of $115,000 in October 1995, indicating a strong market appreciation and investment potential.
The property is situated in a prime location, within the zones of several highly regarded schools including Gleniti School (decile 9), St Joseph's School (Timaru) (decile 7), Mountainview High School (decile 6), Craighead Diocesan School (decile 9), and Roncalli College (decile 7), making it an ideal choice for families prioritizing education.
Updated on April 06, 2024.