Located in the heart of Gleniti, 41 Spring Road, Timaru, this well-presented family home offers three good-sized bedrooms, a bathroom equipped with both shower and bath, and a brand new log burner in the spacious lounge room. The property features an attractive conservatory off the kitchen/dining area to capture the sun during the day and a lovely verandah off the lounge room to enjoy the afternoon sun. The back section is very private, complemented by a nice garden area and a double garage. The house, built in 1980, boasts concrete walls in good condition, an iron roof also in good condition, and sits on a level 949 square meter freehold section with a floor area of 140 square meters. It is very close to Gleniti Primary School, ensuring a great family environment.
The property has seen a significant increase in capital value, from $475,000 on September 1, 2020, to $580,000 on September 1, 2023, marking a 22.11% increase. The latest sale on January 26, 2024, was at $650,000, up from $375,000 on November 3, 2015. The HouGarden AVM estimates the property's value at $552,500.
Education is a priority with this property being zoned for 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 options for primary through secondary education.
Updated on April 06, 2024.