Nestled in the charming township of Geraldine at 22 Campbell Street, this residential dwelling on a freehold title boasts 2 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1970 with fibrous cement walls and an iron roof, the 85sqm floor area is complemented by a level 492sqm section with established planting. The property features an open plan kitchen, dining, and living area with a heat pump, new carpeting, and practical kitchen and bathroom amenities. It also includes ample storage, a carport, single garage, and a hobbies room. With a CV of $415,000 as of September 2023, the property has shown a 12.16% increase since 2020, reflecting its growing value.
History shows a latest sale in 2022 for $485,000, and a previous one in 2013 for $291,190. The HouGarden AVM estimates the property at $397,500, making it an attractive prospect in a sought-after location. The capital value growth is a testament to the property's appeal and potential for further appreciation.
For families, the property falls within the catchment of several well-regarded schools. Geraldine High School (Year 9-15) and Geraldine Primary School both have a decile rating of 8, while St Joseph's School (Temuka) and Craighead Diocesan School are rated 6 and 9 respectively. Roncalli College, with a decile rating of 7, is also in close proximity. This property offers not just a home but a promising investment in education and real estate.
Updated on October 26, 2024