Nestled close to the heart of Geraldine, this residential vacant land at 2/41 Wilson Street is a gem on a level contour. It boasts an own access rear section, ideal for those seeking a compact yet convenient plot. Currently on a cross-lease title, it presents an opportunity to convert to freehold at the buyer's expense, a process already initiated. The property's unknown roof and wall construction offer a blank canvas for future development. Notably, the capital value has seen a 13.14% increase from $137,000 in 2020 to $155,000 as of 2023, showcasing promising growth potential. The latest sale in 2024 was at $62,500, while the HouGarden AVM estimates it at $142,500.
When it comes to the educational aspect, this property falls within the catchment of esteemed institutions. Geraldine High School and Geraldine Primary School both hold a decile rating of 8, indicating a high standard of education. Additionally, St Joseph's School in Temuka and Craighead Diocesan School offer further options, with the latter boasting a decile rating of 9. Roncalli College, too, provides secondary education with a decile rating of 7.
With the owner eager to sell, this property presents a unique chance to invest in a rapidly appreciating asset within a desirable school zone.
Updated on May 29, 2024
عنوان الشارع | المسافة | عدد غرف النوم | عدد الحمامات | مساحة البناء | وقت البيع | سعر البيع | مصدر البيانات | |
|---|---|---|---|---|---|---|---|---|
 | 0.92 km | 2 | 1 | 69m2 | 2024 سنة 11 شهر 13 يوم | - | Council approved | |
0.47 km | 2 | 1 | 100m2 | 2024 سنة 11 شهر 08 يوم | $400,000 | Council approved | ||
 | 0.53 km | 3 | 2 | 98m2 | 2024 سنة 10 شهر 14 يوم | - | Council approved | |
 | 0.70 km | 3 | 2 | 158m2 | 2024 سنة 10 شهر 04 يوم | - | Council approved | |
0.57 km | 0m2 | 2024 سنة 08 شهر 20 يوم | $200,000 | Council approved |