Located at 17 Tarbert Street, Alexandra, Otago, this commercial property designed for retail use stands on a freehold land area of 690 square meters, with a floor area of 870 square meters. The building, characterized by mixed materials for walls and an iron roof, exhibits an average condition for both its wall and roof structures. Despite not specifying the number of bedrooms, bathrooms, or car parks, this property highlights its commercial potential in a bustling area.
Over the years, the capital value of this property has seen a significant increase, from $620,000 in September 2019 to $870,000 in October 2022, marking a 40.32% growth. The HouGarden AVM estimates its value at $835,000, while the latest sale in February 2024 fetched $767,500, a considerable jump from its $218,500 sale price back in August 2002.
In terms of education, the property falls within the zone of Alexandra School, a full primary institution boasting a decile rating of 8, indicating a high level of educational performance.
Updated on April 05, 2024.