Nestled in a serene cul-de-sac on 66 Peel Street, Geraldine, Timaru, this charming 3-bedroom, 1-carpark residence is a freehold property built in 1925. The home features wooden walls and an iron roof, both in average condition, sitting on a section with an easy/moderate rise contour and a floor area of 107sqm. The property has seen a significant Capital Value increase of 37.93% over the past three years, from $290,000 in September 2020 to the current $400,000 as of September 2023. The HouGarden AVM estimates the property's value at $372,500, while the latest sale was recorded in 2004 for $113,000.
With a CV history reflecting rapid appreciation, this home is not just a gem in terms of investment. It's located within the catchment area of well-regarded schools such as Geraldine High School (Decile 8) and Geraldine Primary School (Decile 8), ensuring quality education for the family. Other nearby schools include St Joseph's School (Temuka, Decile 6) and Craighead Diocesan School (Decile 9), with Roncalli College (Decile 7) also in the vicinity.
Boasting established gardens on a 1012sqm section, this elevated charmer invites you with its cozy kitchen/dining area featuring wood panelling and a separate, welcoming lounge. The convenience of a bathroom and separate WC adds to the allure, as does the hobbies room and the generous single bedroom accompanying the two double bedrooms.
Updated on May 21, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 2.02 km | 3 | 2 | 98m2 | Year 2024 Month 10 Day 14 | - | Council approved | |
1.58 km | 0m2 | Year 2024 Month 08 Day 20 | $200,000 | Council approved | ||||
 | 0.38 km | 3 | 1 | 170m2 | Year 2024 Month 07 Day 16 | $670,000 | Council approved | |
 | 1.59 km | 2 | 107m2 | Year 2024 Month 07 Day 10 | $445,000 | Council approved | ||
 | 1.89 km | 3 | 1 | 149m2 | Year 2024 Month 07 Day 04 | - | Council approved |