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.