Nestled at 31 Maling Street, Geraldine, Timaru, this residential dwelling boasts a freehold title on a level contour. Constructed in 1967 with concrete walls and an iron roof, both in good condition, the property offers 3 bedrooms, a single carpark, and a spacious floor area of 125 square meters on a land area of 918 square meters. The open plan living area is bathed in sunlight, and the property's location is ideal for a quick walk to the high school and rugby grounds.
With a current Capital Value (CV) of $530,000 as of September 1, 2023, this property has seen a remarkable increase of 32.5% from its previous CV of $400,000 in 2020. The HouGarden AVM estimates the property's value at $515,000, while the latest sale history shows a sale price of $535,000 on June 17, 2024, and $352,000 on November 25, 2018, indicating a steady growth in value.
For families with school-aged children, the property falls within the catchment area 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) is rated at 6. Additionally, Craighead Diocesan School and Roncalli College, both secondary schools, are rated at 9 and 7 respectively, offering a range of educational options.
Updated on August 01, 2024