398 Wai-Iti Road, Gleniti, Timaru

Located in the sought-after Gleniti School zone, this sun-filled home at 398 Wai-Iti Road, Gleniti, Timaru, offers a perfect blend of comfort and convenience. With three double bedrooms, a large lounge, and an open plan kitchen and dining area, this north-facing property ensures a warm and inviting atmosphere. The home, built in 1975, features concrete walls and an iron roof, both in good condition, and sits on a 596m² freehold section with a floor area of 200m². Additional highlights include a conservatory adjoining the lounge, double garaging, and easy-care gardens, making it an ideal choice for a range of buyers.

Over the years, the property has seen a significant increase in capital value, rising from $465,000 in September 2020 to $570,000 in September 2023, marking a 22.58% growth. The latest sale on February 14, 2024, was at $499,500, reflecting the property's consistent appeal in the market. The HouGarden AVM estimates the property's value at $542,500, indicating its potential for further appreciation.

This property is zoned for several high-decile 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), offering excellent educational opportunities for families.

Updated on April 05, 2024.