Nestled in the serene cul-de-sac of 2 Waipori Place, Glenwood, Timaru, this freehold property boasts a modern build, completed in 2003 with roughcast walls and iron roof in good condition. It features 3 bedrooms, a family bathroom, separate toilet, and a generous 170 square meters of floor area, complemented by a land size of 651 square meters. The property offers 4 carparks, with dual access for additional parking convenience. The capital value has seen a significant increase of 24%, from $500,000 in 2020 to the current $620,000, while the HouGarden AVM estimates it at $612,500. The latest sale history includes a transaction at $665,000 in 2024 and $265,000 in 2004.
With a CV increase that outpaces the market, this property presents a sound investment. The motivated vendors have repainted the interior and cleared trees to create a light and airy atmosphere, bathed in sunshine. It's perfect for those looking to downsize without sacrificing open-plan living, with a north-facing deck and meticulously manicured grounds. The property stands out with its low maintenance appeal and practical parking solutions, including a double carport and off-street parking to a double garage.
Educationally, the property falls within the zones of St Joseph's School (Decile 7) and Mountainview High School (Decile 6), as well as Craighead Diocesan School (Decile 9), Highfield School (Decile 7), and Roncalli College (Decile 7), offering a range of educational options for families.
Updated on November 07, 2024