Nestled at the core of Kohimarama, 31c Geraldine Place presents a captivating opportunity for families, first-time buyers, or investors seeking an exquisite dwelling in the bays. This charming residence, built in 1992 with a roughcast exterior and tiled roof, boasts a capital value of $1,260,000 as of June 2021, marking a 16.67% increase since 2017. It sits on a level contour with an average wall condition and a good roof, offering a floor area of 152 square meters and parking for three cars.
With a HouGarden AVM of $1,230,000 and a latest sale history of $815,000 in 2016, this Unit Title property provides an affordable entry into a prime postcode. The serene and safe cul-de-sac location ensures privacy, while the upstairs living area, complete with double French doors leading to a north-facing deck, is the epitome of family togetherness. The property falls within the zones of highly-rated schools such as Kohimarama School, St Ignatius School, Baradene College, and Selwyn College.
Notably, the property's school zones are a significant draw, with Baradene College and Kohimarama School being decile 9 and 10 respectively, indicating a high standard of education in the area. This, coupled with the strong rental appeal and prime location, makes it an attractive proposition for investors and families alike.
Updated on August 16, 2024