1 Craig Place, Alexandra, Otago

Nestled at 1 Craig Place, Alexandra, Otago, this charming residential dwelling on a freehold title was built in 1987 with wood exterior walls and an iron roof, both in good condition. The property boasts 3 bedrooms, 3 carparks, and a floor area of 138 square meters on a land area of 544 square meters, enjoying an easy/moderate rise contour. The upstairs features one bedroom with an ensuite, while the downstairs houses two bedrooms and one bathroom, creating inviting spaces ready for your personalized touches. The sun-drenched open plan living area overlooks mature, well-established gardens that provide a surprising level of privacy. With a sealed driveway leading to a double basement garage and additional off-street parking, this property is a gem in the Bridge Hill area, offering expansive views that are sure to impress.

As for the property's financials, the capital value has seen a significant increase from $520,000 in September 2019 to $700,000 as of October 2022, marking a growth of 34.6%. The HouGarden AVM estimates the property's value at $670,000. The latest sale history includes transactions in 2017 for $415,000 and in 2012 for $305,000. This home is indeed a sound investment opportunity.

For families with children, the property falls within the zone of the highly rated Alexandra School, a full primary school with a decile score of 8. This Bridge Hill home is not just a residence but a wise choice for those seeking a quality education for their children.

Updated on May 02, 2024