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
Straßenadresse | Entfernung | Anzahl der Schlafzimmer | Anzahl der Badezimmer | Gebäudefläche | Verkaufsdatum | Verkaufspreis | Datenquelle | |
|---|---|---|---|---|---|---|---|---|
 | 0.13 km | 2 | 109m2 | 2025 Jahr 02 Monat 04 Tag | $281,000 | Council approved | ||
 | 0.06 km | 4 | 0m2 | 2024 Jahr 12 Monat 13 Tag | $239,000 | Council approved | ||
 | 0.22 km | 5 | 126m2 | 2024 Jahr 12 Monat 03 Tag | $630,000 | Council approved | ||
 | 0.29 km | 3 | 2 | 78m2 | 2024 Jahr 10 Monat 14 Tag | - | Council approved | |
 | 0.15 km | 3 | 2 | 158m2 | 2024 Jahr 10 Monat 04 Tag | - | Council approved |