Discover the opportunity to own a unique piece of Central Otago with this vacant lifestyle block located at Booth Road, Ophir, Otago. This freehold property spans over 168,205 square meters, offering a serene and private setting surrounded by approximately 400 pine trees, without compromising the breathtaking views of the Hawkdun Range. The land's contour is level, making it an ideal canvas for your dream home, with the added benefit of no covenants or designated building platforms, though adherence to council requirements for new buildings is necessary. Currently, the property lacks connection to the power grid and does not have a consented domestic water source.
The property's capital value has seen a significant increase, from $390,000 in September 2019 to $570,000 in October 2022, marking a 46.15% rise. The HouGarden AVM estimates the property's value at $535,000, while the most recent sale in February 2023 reached $595,000, up from just $10,000 in July 1993. This demonstrates the property's substantial growth and potential as an investment.
While specific school zone information is not provided, the property's location in Ophir, Otago, suggests access to local schools and amenities, contributing to its appeal for families and individuals seeking a lifestyle change or investment in Central Otago's picturesque landscape.
Updated on April 04, 2024.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.35 km | 0m2 | Year 2024 Month 10 Day 19 | $247,000 | Council approved | ||||
 | 0.17 km | 3 | 1 | 110m2 | Year 2024 Month 10 Day 18 | - | Council approved | |
 | 6.86 km | 1 | 0m2 | Year 2024 Month 07 Day 26 | $700,000 | Council approved | ||
 | 4.83 km | 3 | 1 | 100m2 | Year 2024 Month 07 Day 19 | $800,000 | Council approved | |
 | 24.09 km | 3 | 110m2 | Year 2024 Month 07 Day 02 | $485,000 | Council approved |