35 Macaulay Street, Gleniti, Timaru

Nestled in the serene cul-de-sac of Macaulay Street, this charming 1980-built residence boasts a freehold title and a generous land area of 613sqm. The three-bedroom, two-carpark home features roughcast walls and tiled roofing, both in good condition, while the interior is warmth-ensured with a heat pump and a fireplace. The property has seen a significant Capital Value increase of 25% over the past three years, from $440,000 to the current $550,000. The latest sale history shows a promising trend, with a transaction at $446,000 in 2020 and $355,000 in 2015. The HouGarden AVM estimates the property's worth at $552,500.

For families with school-aged children, the property falls within the highly sought-after zones of Gleniti School (Decile 9) and St Joseph's School (Decile 7), while Mountainview High School (Decile 6) and Craighead Diocesan School (Decile 9) are also within reach. This well-proportioned home, with a floor area of 210sqm, offers a comfortable living space that includes a spacious lounge, separate dining, and a north-facing deck perfect for summer entertainment.

With easy access to quality education and a clear CV growth trajectory, this property presents a compelling case for both investors and families looking to make a move on MacAulay.

Updated on October 02, 2024