Nestled in the serene Geraldine, Timaru, at 11 Flatman Crescent, lies a charming residential property on a freehold lot. Constructed in 1970 with concrete roofing and plastic exterior walls, this well-maintained home boasts 3 bedrooms, 2 carparks, and a floor area of 110sqm on a levelled 754sqm section. The property's capital value has seen a rapid increase, rising from $380,000 in 2020 to $500,000 in 2023, indicating a growth of 31.58%. The latest sales were recorded at $500,000 in July 2023 and $523,000 in May 2024, while the HouGarden AVM estimates it at $485,000.
For families with school-aged children, the property falls within the catchment area of esteemed institutions. Geraldine High School and Geraldine Primary School both hold a decile rating of 8, while St Joseph's School in Temuka stands at a 6 and Craighead Diocesan School at a 9. Roncalli College, too, offers secondary education with a decile rating of 7.
Boasting a convenient and low-maintenance lifestyle, this property features a sunny conservatory, open-plan living, a modern kitchen, and a private section. Its location in a quiet cul-de-sac provides a peaceful retreat while being mere steps away from Geraldine's vibrant amenities.
Updated on July 26, 2024