Nestled at 2 Chapple Street, Alexandra, Otago, this residential dwelling on a freehold title boasts 4 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1960 with concrete walls and an iron roof, both in good condition, this level property spans a floor area of 230sqm and a land area of 769sqm. The highlights include a functional modern kitchen, cozy lounge with elevated views, and excellent heating options like a woodburner and heat pump. The property has seen a significant Capital Value (CV) increase of 35.59% from $590,000 in September 2019 to $800,000 as of October 2022. The HouGarden AVM estimates the property at $770,000, while the latest sales were recorded at $465,000 in November 2016 and $305,000 in May 2013.
With a CV growth that outpaces the market average, this property is not just a home but a sound investment. The appealing outdoor living, secure backyard, and ample off-street parking make it an ideal family package, further enhanced by its proximity to the Alexandra School, a full primary with a decile rating of 8.
Located in a quiet cul-de-sac, this property offers a serene family environment with easy access to quality education, making it a must-see for those seeking the perfect blend of comfort, convenience, and potential for growth.
Updated on November 01, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.32 km | 3 | 2 | 160m2 | Year 2024 Month 11 Day 20 | - | Council approved | |
 | 0.31 km | 3 | 1 | 130m2 | Year 2024 Month 10 Day 25 | - | Council approved | |
 | 0.40 km | 3 | 1 | 110m2 | Year 2024 Month 10 Day 23 | - | Council approved | |
 | 0.17 km | 3 | 1 | 190m2 | Year 2024 Month 10 Day 14 | $784,000 | Council approved | |
 | 0.11 km | 3 | 220m2 | Year 2024 Month 07 Day 30 | $550,000 | Council approved |