1b Enterprise Street, Alexandra, Otago

Nestled in the heart of Alexandra, Otago, at 1b Enterprise Street, this charming townhouse boasts a prime location and low-maintenance living. Constructed in 1984 with durable brick walls and tiled roofing, the property presents a well-maintained facade and good roof condition. It is set on level contour and holds a Unit Title. The interior spans a floor area of 130 square meters, encompassing two generous bedrooms with built-in wardrobes, a wet-floor shower bathroom, a separate toilet, and a convenient laundry. The kitchen, recently renovated, merges seamlessly into a cozy dining area and a warm lounge heated by a floor heat pump. A private, sunny backyard with two garden sheds provides an ideal spot for relaxation and storage. The property also includes a single internal-access garage with additional storage and a workbench, plus a tar-sealed driveway for extra parking.

As for the property's financials, the capital value has seen a significant increase from $410,000 in September 2019 to $540,000 as of October 2022, reflecting a growth rate of 31.71%. The HouGarden AVM estimates the property's value at $535,000. Notably, the latest sale history includes transactions in 2003 for $165,000 and in 2001 for $105,000, showcasing the property's consistent appreciation over the years.

For families with children, the property falls within the school zone of The Terrace School (Alexandra), a full primary school with a decile rating of 8. This centrally located townhouse is indeed an ideal choice for those considering downsizing.

Updated on November 18, 2024