10 Lewis Street, Geraldine, Timaru

Nestled within a tranquil cul-de-sac in Geraldine, Timaru, this charming residential dwelling on 10 Lewis Street boasts a freehold title. Constructed in 1960 with brick walls and an iron roof, the property has an average condition and sits on a level contour. It features 2 bedrooms, 2 carparks, and a generous floor area of 107 square meters on a land area of 506 square meters. The home is equipped with a heat pump and offers a spacious lounge flowing into the dining and kitchen area, complete with ample storage. Outside, a sunroom invites relaxation amidst the vibrant, established gardens, all within a fully fenced and easy-care section. The property also includes a separate laundry, bathroom, and a double garage with an automatic door opener.

As for financials, the capital value has seen a significant increase from $350,000 in September 2020 to $470,000 in September 2023, reflecting a growth of 34.29%. The HouGarden AVM estimates the property's value at $460,000, while the latest sale records show transactions at $445,000 in July 2024 and $340,000 in March 2019. This home presents a smart investment opportunity with a promising financial track record.

For families with children, the property falls within the catchment area of several well-regarded schools. Geraldine High School and Geraldine Primary School both have a decile rating of 8, while St Joseph's School in Temuka stands at a decile of 6 and Craighead Diocesan School at a decile of 9. Roncalli College, too, is within reach, rated at a decile of 7. This home offers the convenience of quality education options for your family.

Updated on August 28, 2024