16 Aronui Road, Alexandra, Otago

Nestled in the serene Alexandra, Otago, 16 Aronui Road boasts a freehold residential gem on an easy/moderate rise contour. This 2009-built home with brick walls and iron roof is in good condition both inside and out. It features 3 bedrooms, 2 bathrooms, a floor area of 272 square meters, and a land area of 1248 square meters, complete with 3 car parks. The property, heated by a pallet fire and a heat pump, offers double garage convenience with a workbench, storage, and off-street parking, complemented by elevated mountain views and a short walk to the town center.

Since 2019, the property's Capital Value (CV) has seen a remarkable increase of 36.62%, reaching $970,000 as of October 2022. The HouGarden AVM estimates it at $902,500, while the latest sale history shows a significant jump from $100,000 in 2003 to $535,000 in 2013, indicating a steady growth in value. This Bridge Hill home is not just competitively priced but also holds great potential for investment.

For families with children, the property falls within the zone of the highly rated Alexandra School, a Full Primary with a decile score of 8. This combination of comfort, convenience, and quality education makes 16 Aronui Road an attractive proposition for those seeking a balanced lifestyle.

Updated on June 19, 2024