Nestled at 31 Strawberry Place, Geraldine, Timaru, this residential vacant land boasts a freehold title, sitting on a level contour with an area of 674 square meters. While the specifics of the wall and roof construction remain unknown, the property presents a promising investment opportunity with its unknown potential for development.
As per the government's valuation, the capital value has seen a significant increase from $135,000 in September 2020 to $200,000 in September 2023, marking a growth rate of 48.15%. HouGarden AVM estimates the property's value at $185,000, with the latest sale records showing transactions at $205,000 in June 2024 and $175,000 in November 2021.
For families with educational considerations, the property falls within the catchment area of Geraldine High School (Year 9-15) and Geraldine Primary School, both rated at a decile of 8. Additionally, St Joseph's School (Temuka) with a decile of 6, Craighead Diocesan School with a decile of 9, and Roncalli College with a decile of 7, are also accessible options.
Updated on July 03, 2024