288 Letts Gully Road, Alexandra, Otago

Welcome to 288 Letts Gully Road, a stunning freehold property nestled in the serene Letts Gully. This brand new residence boasts 3 bedrooms, 2 carparks, and a spacious floor area of 190 square meters on a level 1.66 hectare plot. Constructed with a mix of materials, the walls and iron roof are in good condition, ensuring durability and aesthetic appeal. The property has seen a remarkable CV increase of 234.29%, from $350,000 in 2019 to the current $1,170,000. The latest sale history showcases a surge to $1,290,000 in 2024, indicating a high growth potential. The HouGarden AVM estimates the property at $1,175,000, aligning closely with the government valuation. For families, the property falls within the catchment of The Terrace School (Alexandra), a full primary school with a decile rating of 8.

Not only is the property investment-wise attractive, but it also offers a comfortable lifestyle. The winter woodburner and heat pump provide warmth, while the double glazing and thick insulation ensure year-round comfort. The automatic blinds and well-designed kitchen with a walk-in pantry add convenience to the equation. Each bedroom, especially the master with its ensuite and walk-in wardrobe, is a testament to privacy and comfort. The newly landscaped exterior and picturesque mountain views complete the serene picture, making this property a perfect blend of modern living and natural beauty.

With fully fenced paddocks and irrigation water, this property is not just a home but a lifestyle opportunity. It's a chance to embrace the tranquility of Letts Gully while enjoying the benefits of a prime location and quality education.

Updated on September 04, 2024