Dobson Street, Gleniti, Timaru

Nestled on a level plot at Dobson Street, Gleniti, Timaru, this residential bare block boasts a freehold title. While specific details about the number of bedrooms and the floor area are not available, the property includes one bathroom and lacks dedicated car parks. Both the wall and roof construction remain unknown, as do their conditions. With a land area of 7,714 square meters, this property presents a unique opportunity in a quiet cul-de-sac.

As per the government's valuation, the capital value has seen a decrease of 40% from $600,000 in September 2020 to $360,000 in September 2023. However, the HouGarden AVM estimates the property's value at $582,500. The latest sale history shows transactions at $350,000 on both June 17, 2024, and December 21, 2022.

For families with school-aged children, the property falls within the zones of several well-regarded schools. Gleniti School is a full primary with a decile rating of 9, while St Joseph's School (Timaru) is a full primary with a decile rating of 7. Mountainview High School, Craighead Diocesan School, and Roncalli College are secondary schools with decile ratings of 6, 9, and 7 respectively.

Updated on July 26, 2024