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2/4 Mckenzie Street, Geraldine, Timaru, 2 Bedrooms, 1 Bathrooms, Unit

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 03 Day 22

2/4 Mckenzie Street, Geraldine, Timaru

2
1
90m2

This charming property located at 2/4 Mckenzie Street, Geraldine, Timaru, offers a cozy living space with 2 double bedrooms, both featuring built-in robes, and 1 bathroom that has been updated with a new vanity, shower, and WC. The living area is well-sized and includes a heat pump for comfort. The property also boasts semi-internal access to a garage equipped with an electric door opener and a fully fenced, easy-care section. Constructed in 1970, the home features concrete walls in good condition and an iron roof also in good condition. The floor area is 90m² on a level contour, under a Cross-Lease ownership type, classified as Residential - Ownership home units.

The capital value of the property has seen a significant increase, from $260,000 in September 2020 to $365,000 in September 2023, marking a 40.38% growth. The latest sale records show a purchase at $225,000 in September 2016, following a previous sale at $183,500 in September 2013. The HouGarden AVM estimates the property's value at $357,500.

In terms of education, the property is zoned for several reputable schools including Geraldine High School and Craighead Diocesan School, both with high decile ratings of 8 and 9 respectively, indicating a high level of educational resources. Other nearby schools include Geraldine Primary School, St Joseph's School (Temuka), and Roncalli College, making this an ideal location for families seeking quality education for their children.

Updated on March 22, 2024.

Council Data

Last update : 2025 02 05
Improvement value$235,000Increased by 37% from year 2020
Land value$130,000Increased by 46% from year 2020
CV(Year 2023 Month 09)$365,000Increased by 40% from year 2020
View typeNo appreciable view
ContourLevel
Floor area90m²
Decade of construction1970
TitleCB8K/879
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 27104 ON LOT 1 DP 26811 HAVING 1/3 INT IN 900 SQ METRES
CouncilTimaru
Estate descriptionFSIM,1/3,LOT 1 DEPOSITED PLAN 26811,900m2
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningRES 1

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Geraldine High School
0.92 km
Secondary
7-15
Government
Co-Educational
EQI: 451
8
Geraldine Primary School
1.65 km
Primary
1-6
Government
Co-Educational
EQI: 431
8
St Joseph's School (Temuka)
18.10 km
Primary
1-8
Government
Co-Educational
EQI: 442
6
Craighead Diocesan School
33.94 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
Roncalli College
35.50 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7

Property history

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For developers

Unitary plan:RES 1
Land:-
Title:Cross-Lease

Surrounding facilities

McKenzie Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
16 Lancaster Street, Geraldine
0.25 km
3
1
119m2
Year 2024 Month 12 Day 18
-
Council approved
0.22 km
4
1
280m2
Year 2024 Month 11 Day 29
-
Council approved
8 Connolly Street, Geraldine
1.48 km
4
1
170m2
Year 2024 Month 11 Day 14
-
Council approved
19 Lancaster Street, Geraldine
0.18 km
3
166m2
Year 2024 Month 09 Day 13
$725,000
Council approved
17 Taylor Street, Geraldine
0.22 km
3
1
99m2
Year 2024 Month 08 Day 30
$550,000
Council approved

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