Located at 45 Larch Crescent, Alexandra, Otago, this residential dwelling boasts a modern lifestyle within its confines. With 3 bedrooms, the property spans across a floor area of 181m² and a substantial land area of 1928m². It is characterized by its freehold ownership type, mixed materials wall construction, and iron roof construction, all maintained in good condition. Built in 2021, the property sits on a level contour, offering a near-new home experience in a generously sized and relatively private fully fenced section.
The property has seen a significant increase in its capital value, from $760,000 in September 2019 to $1,040,000 in October 2022, marking a 36.84% growth. The HouGarden AVM estimates its value at $995,000. Its latest sale was recorded on January 15, 2024, for $1,140,000, following a previous sale on February 27, 2020, for $269,000. This trajectory underscores the property's substantial value appreciation and market demand.
Education is well catered for with The Terrace School (Alexandra) and Alexandra School, both full primary schools with a decile rating of 8, ensuring quality education options are within reach. This property, offering a lifestyle akin to a residential area, is ideal for families seeking a blend of comfort, space, and educational opportunities.
Updated on April 06, 2024.
