This vacant residential section at 59 Dunstan Road, Alexandra, Otago, offers a blank canvas for those looking to build a new home. With no existing bedrooms, bathrooms, or floor area, the property spans 790 square meters of level land and comes with a double garage already on site. Ownership is freehold, ensuring full rights to the land. The property's construction details, including wall and roof, are unknown, highlighting its status as a vacant lot ready for development.
From a financial perspective, the capital value (CV) of this property has seen a significant increase, from $295,000 in September 2019 to $395,000 in October 2022, marking a 33.9% growth. The latest sale, recorded on December 28, 2023, was at $325,000, slightly below the HouGarden AVM of $377,500. This growth trajectory underscores the property's increasing value and potential for investment.
For families considering the educational opportunities in the area, The Terrace School in Alexandra, a full primary school with a decile rating of 8, serves the local community. This property's location near the Otago Central Rail Trail, cafes, and schools, combined with its potential for a custom-built home, makes it an attractive option for prospective homeowners.
Updated on April 06, 2024.
adresse | distance | nombre de chambres | nombre de salles de bain | superficie du bâtiment | date de vente | prix de vente | source de données | |
|---|---|---|---|---|---|---|---|---|
 | 0.23 km | 3 | 116m2 | 2024 03 15 | $595,000 | Council approved | ||
0.17 km | 3 | 120m2 | 2024 02 26 | $700,000 | Council approved | |||
 | 0.23 km | 2 | 1 | 80m2 | 2024 02 13 | $495,000 | Council approved | |
 | 0.03 km | 3 | 131m2 | 2024 02 08 | $590,000 | Council approved | ||
 | 0.25 km | 4 | 1 | 134m2 | 2024 01 23 | $650,000 | Council approved |