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84 Peel Street and 40 Darby Street, Geraldine, Geraldine, Timaru

Dual-title Opportunity- renovate or reimagine

dollar

Negotiation

House
House
Bedroom
4
Bathroom
1
Floor area
97m2
Land area
981m2
Title type
Freehold
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Property details

Listing # GEU228482 | Listed on 3 June

Opportunities like this are increasingly difficult to find. Situated on two separate titles, this unique
property package offers flexibility for renovators, investors, builders, or developers looking to unlock its
future potential.

84 Peel Street
Originally constructed around 1910, this character duck-back style home sits on approximately 456m² and
is conveniently located close to local schools.
The home currently offers:
Four bedrooms, with potential to reconfigure into a three-bedroom home with a dedicated office.
Character features ready for restoration.
A location that lends itself to family living or future investment.
The property requires re-piling and interior renovation, making it well suited to buyers prepared to
undertake a substantial project.
For those considering redevelopment, the site may also present the opportunity for an alternative use,
including the possibility of replacing the existing dwelling with new units, subject to all necessary council
approvals.

40 Darby Street
Set on approximately 490m², this separate title includes a 65m² building created from a former shed that
has already been re-clad and re-roofed, providing a solid starting point for completion.
Features include:
Dedicated areas planned for a bathroom and laundry.
Modern bi-fold serving window.
Ranch slider and separate rear access.
Flexible internal layout that could become a spacious open-plan studio-style residence or potentially
be configured as a two-bedroom dwelling, subject to design and any required approvals.

Why You'll Want to Inspect
Two separate freehold titles.
Renovation and value-add opportunity.
Development potential (subject to council approval).
Close to Geraldine schools and amenities.
Ideal for builders, investors, developers, or buyers wanting to create something uniquely their own.
Whether you're looking to restore a piece of Geraldine's history, complete an exciting conversion project, or
explore the possibilities offered by two separate titles, this property presents a rare chance to add
significant value.

Bring your vision and discover what's possible.

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Additional features

Roofing: Corrugated Iron
Exterior Cladding: Fibre Cement: Hardiplank
Exterior Joinery: Aluminium
External Features: Disabled Access
Lot Features: Fenced - Full, Street Frontage
Rooms: Dining - Combined Lounge, Separate Kitchen, Separate Shower
Internal Features: Woodburner- Not consented

Schools and childcare in the area

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