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