Nestled at 11 Orchard Drive, Alexandra, Otago, this charming residential dwelling boasts a freehold title on a level plot of 501 square meters. Constructed in 1995 with roughcast walls and an iron roof, both in good condition, the property features 3 bedrooms, 2 carparks, and a generous floor area of 104 square meters. The opportunity to own this appealing home is further enhanced by its capital value growth of 34.78% from $460,000 in September 2019 to $620,000 as of October 2022.
With a HouGarden AVM estimate of $567,500 and a history of sales - last sold for $265,000 in 2005 and $195,000 in 2003, this property presents a sound investment. The quiet cul-de-sac location provides easy access to the river track and the heart of Alexandra, offering the best of both tranquility and convenience.
For families, the property falls within the highly regarded Alexandra School zone, a full primary with a decile rating of 8. This home, with its freshly repainted interior and potential for personal touches, is perfect for investors, first-home buyers, or as a family residence. Urgent viewing is recommended to appreciate this opportunity on Orchard Drive.
Updated on December 03, 2024