10 South Terrace Road, Geraldine, Timaru

This appealing family home, located at 10 South Terrace Road, Geraldine, Timaru, offers a serene and private setting perfect for families. Built in 2007, the property features 3 bedrooms, 3 bathrooms, and the convenience of 4 car parks. With a generous floor area of 195m² and a sprawling land area of 1054m², this residence is defined by its freehold ownership. The dwelling boasts concrete walls in good condition and an iron roof, also in good condition, ensuring durability and peace of mind. The level contour of the property complements its well-established gardens, which are fully fenced and feature an abundance of fruit trees. The interior includes an open plan kitchen, dining, and living area, a second living area, a compliant log burner, and a heat pump for comfort. French doors open out to a fantastic entertaining area, and the large master bedroom comes with an ensuite. Two additional spacious double bedrooms are serviced by a bathroom and separate WC. The property also includes an adjoining double garage plus a second separate double garage and workshop, offering ample storage and workspace.

Over the years, the capital value of this property has seen a significant increase, from $540,000 in September 2020 to $690,000 in September 2023, marking a 27.78% rise. The HouGarden AVM estimates the property's value at $675,000. Its sale history reveals a consistent appreciation in value, with the latest sales recorded at $505,000 in May 2018 and $372,000 in October 2010.

The property is ideally situated within excellent school zones, including Geraldine High School (Secondary, Year 9-15) and Geraldine Primary School, both with a decile rating of 8. St Joseph's School (Temuka) offers full primary education with a decile of 6, while Craighead Diocesan School and Roncalli College, both secondary schools (Year 7-15 and Year 9-15, respectively), boast decile ratings of 9 and 7. These educational institutions provide a range of options for families seeking quality education for their children.

Updated on March 21, 2024.