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

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.