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Sold: $360,000

Sold on 2024 Year 2024 Month 02 Day 19

Booth Road, Ophir, Otago

24735m2

Nestled on Booth Road in the serene Ophir, Otago, this lifestyle property is set on a sprawling 24,735 square meters of level land, offering a freehold opportunity. While the specifics of the interior such as the number of bedrooms and bathrooms are not provided, the property presents a blank canvas for potential development. The exterior is shrouded in a bit of mystery, with both the wall and roof construction being unknown, adding an air of intrigue to this vacant land.

As per the government's valuation, the capital value has seen a significant leap from $252,000 in September 2019 to $352,000 as of October 2022, indicating a growth rate of 39.68%. The HouGarden AVM estimates the property's worth at $335,000, while the latest sale history shows transactions at $245,000 in May 2019 and a more recent one at $360,000 in February 2024, reflecting a promising investment trend.

For families with educational considerations, this property falls within a school zone with favorable decile ratings and quality schools, ensuring a sound investment in both real estate and education.

Updated on April 10, 2024

Council Data

Last update : 2025 01 29
Improvement value$2,000Reduced by 0% from year 2019
Land value$350,000Increased by 40% from year 2019
CV(Year 2022 Month 10)$352,000Increased by 39% from year 2019
View typeNo appreciable view
ContourLevel
Land area24735m²
TitleOT236/161
Type of titleFreehold
Legal descriptionSEC 77 BLK II TIGER HILL SD
CouncilOtago
Estate descriptionFSIM,1/1,SECTION 77 BLOCK II TIGER HILL SURVEY DISTRICT
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Omakau School
2.22 km
Primary
1-8
Government
Co-Educational
EQI: 448
9

Property history

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For developers

Unitary plan:-
Land:24735m²
Title:Freehold

Booth Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
29 Leask Street, Omakau
9.60 km
3
1
91m2
Year 2024 Month 11 Day 21
-
Council approved
8.49 km
0m2
Year 2024 Month 10 Day 19
$247,000
Council approved
5 Swindon Street, Ophir
8.60 km
3
1
110m2
Year 2024 Month 10 Day 18
-
Council approved
25 Leask Street, Omakau
9.60 km
3
105m2
Year 2024 Month 10 Day 17
$489,000
Council approved
3 Wilton Street, Omakau
9.71 km
3
142m2
Year 2024 Month 10 Day 12
$580,000
Council approved

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