Unique Opportunity - 2045m2 - Two Units

Geraldine

Sold

4
2
140m2
2045m2
  • Property IDTIM35234
  • Property TypeUnit
  • PriceSold
  • Floor Area140m2 more or less
  • Land Area2045 m²
Here lies a unique opportunity to obtain a substantial landholding of 2045m2 (more or less) in the beautiful township of Geraldine.

Two adjoining purpose-built flats occupy the land, each with ample space to spread out (zoned res 1). Both units contain two double bedrooms, kitchen, dining room, bathroom and separate lounge with a sun room. Heated via a heat pump, insulated in the ceiling and underfloor and an HRV system ensures an even temperature throughout.

The options are endless with subdivision potential (subject to Timaru District Council consents). Redecorate and increase the return, live in one, rent one out, or halve the costs within the family? Land bank or subdivide - You decide!!
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Ricky McLeod

Ricky McLeod

Residential & Lifestyle Sales Consultant

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