5217 Ettrick-Raes Jnc, Ettrick, Otago

Nestled in the tranquility of a quiet cul-de-sac at 5217 Ettrick-Raes Jnc, Ettrick, Otago, this 1962-built residential dwelling on a freehold title offers a lifestyle of convenience and potential. The 3-bedroom, 1-bathroom home sits on a level plot of 2529 sqm, with a roughcast exterior and an iron roof in average condition. Inside, the 89 sqm floor area provides a cozy living space. The property's Capital Value (CV) has seen a remarkable increase of 84.21% from $190,000 in 2019 to $350,000 as of 2022, reflecting a sound investment opportunity. The HouGarden AVM estimates the property's value at $347,500, closely aligning with the latest sale price of $350,000 in September 2024.

For families with children, the property falls within a desirable school zone with excellent educational facilities. The surrounding schools boast high decile ratings, ensuring a quality education for your little ones.

Whether you're looking to build your dream home, invest in a holiday section, or simply enjoy the privacy provided by the mature trees on this easy-care section, this property presents a fantastic opportunity. With power to the shed and potential for caravan and tent summer getaways, it's a versatile option for those seeking a slice of rural living, just a short drive from Roxburgh, Alexandra, and Dunedin.

Updated on November 13, 2024