Discover the perfect canvas for your dream home at 167 Gleniti Road, Gleniti, Timaru. This residential vacant land spans approximately 1854 square meters, offering a flat, build-ready section with breathtaking views of the golf course. Located in a highly desirable school zone, this property presents a picturesque setting for your future home, where you can wake up to the sound of birds and a gentle breeze. With no existing buildings, the land's potential is only limited by your imagination. The property is freehold, ensuring you full ownership and control over your land.
Over the past few years, the capital value of this property has seen a significant increase, from $305,000 in September 2020 to $440,000 in September 2023, marking a 44.26% growth. This trend underscores the property's appreciating value in the market. The latest sale in February 2022 confirmed the property's worth at $440,000, closely aligning with the current HouGarden AVM estimate of $422,500.
For families, the property is ideally situated within the zones of several highly-rated 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). These educational institutions offer quality education from full primary to secondary levels, making it an excellent location for growing families.
Updated on April 06, 2024.