157 Talbot Street, Geraldine, Timaru

Welcome to a charming residence at 157 Talbot Street, Geraldine, Timaru, a cottage with a historic touch, formerly a bank with an original vault beneath. This freehold property, built in 1900 with mixed materials and an iron roof, offers 3 bedrooms, 1 bathroom, a single carpark, and a floor area of 105 square meters on a levelled 503 square meter section. The property's capital value has seen a rapid increase of 38.18% from $275,000 in 2020 to $380,000 in 2023, while the HouGarden AVM estimates it at $362,500. Notably, the latest sales were in 2013 for $160,000 and in 2001 for $64,500. This home is perfect for first-time buyers looking to add their personal touch to a piece of history.

Government valuations highlight the property's rising worth, and the history of sales showcases its investment potential. The property is located within a desirable school zone, including Geraldine High School (Decile 8) and Geraldine Primary School (Decile 8), ensuring quality education for the family. Other nearby schools include St Joseph's School (Temuka, Decile 6) and Craighead Diocesan School (Decile 9), as well as Roncalli College (Decile 7), offering a range of educational options.

With a well-maintained garden and a spacious deck, this unique home is set in a quiet cul-de-sac, providing a tranquil environment for relaxation and entertainment. The combination of a convenient location, historical charm, and potential for growth makes this property an irresistible opportunity for those seeking a special place to call home.

Updated on April 11, 2024