11 Kennedy Street, Geraldine, Timaru

Embrace the allure of this captivating residence nestled in a serene environment, ideal for young families or discerning investors. This charming home boasts 3 bedrooms, 1 bathroom, and is complemented by 2 car parks. Constructed in 1990 with a robust fibrous cement exterior and an iron roof, both in good condition, it stands on a level contour with a floor area of 98 square meters and a generous land area of 1263 square meters. It is a freehold property located at 11 Kennedy Street, Geraldine, Timaru. The property has seen a significant Capital Value (CV) increase of 34.29% from $350,000 in 2020 to $470,000 in 2023. The HouGarden AVM mirrors this figure, while the latest sale history shows a property value progression from $77,500 in 1998 to $205,000 in 2007.

With a CV growth that outpaces the market average, this property is not just a home but a sound investment. The government valuations reflect the increasing desirability of this quiet cul-de-sac, which is further enhanced by the high-performing school network. Geraldine High School (Year 9-15) and Geraldine Primary School, both with a decile rating of 8, are within the zone. Additionally, St Joseph's School (Temuka) and Craighead Diocesan School, with deciles 6 and 9 respectively, offer a range of educational options for families.

Enjoy the benefits of a prime location within a highly regarded school zone, where the opportunity for growth is evident in both property values and educational standards. This property is not to be missed, offering a warm and inviting atmosphere, a sunny conservatory, and a charming verandah perfect for unwinding. The expansive garden provides ample space for children to play or for the green thumb to indulge in gardening.

Updated on September 17, 2024