Nestled at 8 Connolly Street, Geraldine, Timaru, this inviting family residence boasts 4 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1920 with wood walls and an iron roof, this freehold property offers a floor area of 166sqm on a sprawling 1419sqm section. The home's government valuation has seen a remarkable increase of 33.8% from $355,000 in 2020 to $475,000 as of 2023. The HouGarden AVM estimates the property's worth at $470,000, while the latest sale was recorded in 2013 at $250,000.
With a CV growth that outpaces the market average, this property presents a solid investment. The home's potential is further enhanced by its versatile layout, featuring a spacious kitchen that doubles as a dining area, a large living room with a log burner, and a second lounge for relaxation. The conservatory is an ideal spot to bask in the sun. Outside, a separate double garage, various sheds, and a lush garden with fruit trees complete the picture.
For families with school-aged children, the property falls within the catchment area of esteemed schools such as Geraldine High School (Decile 8) and Geraldine Primary School (Decile 8). Other nearby options include St Joseph's School (Temuka, Decile 6) and Craighead Diocesan School (Decile 9), ensuring access to quality education.
Updated on November 14, 2024