Ida Valley Road, Ophir, Otago

Nestled on a level contour, this freehold property at Ida Valley Road, Ophir, Otago, presents a lifestyle opportunity on a spacious land area of 16,234 square meters. While the details of the exterior walls and roof construction remain unknown, the property's potential is undeniable. With no specified number of bedrooms, bathrooms, or carparks, this vacant land holds the promise of customization to the discerning buyer's desires.

As per the government's valuation, the capital value has seen a significant increase from $251,000 in September 2019 to $361,500 as of October 2022, reflecting a growth rate of 44.02%. The HouGarden AVM estimates the property's value at $357,500, closely aligning with the government's valuation. The latest sale record from October 19, 2024, indicates a transaction price of $247,000, highlighting the investment potential.

For families with educational considerations, the property falls within a desirable school zone with reputable institutions, ensuring a quality education for children.

Updated on November 20, 2024