11 Spencer Street, Alexandra, Otago

Nestled at 11 Spencer Street, Alexandra, Otago, this contemporary residential dwelling boasts a freehold title on a level plot of 457 square meters. The near-new home, built in 2022 with mixed materials for the walls and iron for the roof, is in good condition both inside and out. It features 3 bedrooms, one of which is a master with an ensuite and walk-in-robe, and an open plan living area that seamlessly transitions to a spacious deck. The kitchen, with its large island bench and picturesque mountain views, is perfect for entertaining. Additionally, there's a single garage, laundry facilities, and ample off-street parking. The property's capital value has seen a remarkable increase of 36.21% from $580,000 in September 2019 to $790,000 as of October 2022, while the HouGarden AVM estimates it at $770,000.

For families, the property falls within the school zone of The Terrace School (Alexandra), a full primary school with a decile rating of 8, ensuring quality education for the children.

With easy access to local amenities and the potential for a lock-and-leave lifestyle, this property is an attractive option for those looking to downsize or seeking a solid rental investment.

Updated on August 02, 2024