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Sold: $767,500

Sold on 2024 Year 2024 Month 02 Day 13

17 Tarbert Street, Alexandra, Otago

870m2
690m2

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.

Council Data

Last update : 2025 01 29
Improvement value$310,000Increased by 26% from year 2019
Land value$560,000Increased by 49% from year 2019
CV(Year 2022 Month 10)$870,000Increased by 40% from year 2019
Land area690m²
Floor area870m²
TitleOT420/75;OT116/102
Type of titleFreehold
Legal descriptionSEC 5 6 7 BLK XV ALEXANDRA TN
CouncilOtago
Estate descriptionFSIM,1/1,SECTION 7 BLOCK XV TOWN OF ALEXANDRA,278m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Average
Roof: Average

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Alexandra School
0.37 km
Primary
1-8
Government
Co-Educational
EQI: 448
8

Property history

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Unitary plan:-
Land:690m²
Title:Freehold

Tarbert Street Neighborhood and Surrounding Data

Mortgage

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