146 Arundel - Belfield Road, Geraldine, Timaru

Nestled on a vast section of 4,209,492 square feet, this dairy farm at 146 Arundel - Belfield Road, Geraldine, Timaru, boasts a generous floor area of 1,780 square feet. It is a freehold property with 2 bedrooms, offering a serene and private setting in a quiet cul-de-sac. The property's capital value has seen a rapid increase, with the latest government valuation reaching $18,820,000 as of September 1, 2023, up from $17,200,000 in 2020, marking a 9.42% growth. The roof and wall construction remain in an unknown condition, adding to the property's mysterious charm.

Reflecting its market worth, the HouGarden AVM estimates the property's value at $16,420,000. The latest sale history is notable, with a transaction on June 26, 2024, fetching an impressive $24,300,543, a significant leap from the $2,800,000 sale in 2011.

For families with educational considerations, the property falls within the catchment area of several well-regarded schools. Woodbury School, Geraldine High School (Year 9-15), and Geraldine Primary School all carry a decile rating of 8. Additionally, St Joseph's School (Temuka) is a full primary with a decile rating of 6, while Craighead Diocesan School and Roncalli College, both secondary schools, are rated at 9 and 7 respectively.

Updated on July 11, 2024