37a Clutha Street, Alexandra, Otago

Nestled in the heart of Alexandra, Otago, at 37a Clutha Street, this charming residential property is a perfect fit for first-time homeowners, investors, or those seeking a holiday retreat. Constructed in 1950 with a freehold title, the dwelling boasts 3 bedrooms, 1 bathroom, and a single car park, all set on a level contour with a roughcast exterior and an iron roof in good condition. The interior has been recently refreshed with paint and carpet, preserving its original allure while offering modern comfort. The open-plan living and dining area is inviting, with an inbuilt fireplace to ward off the Central Otago chill, while the separate kitchen provides ample storage and bench space, along with a large servery to the living area. The property is valued at $500,000 according to the latest government valuation, with a HouGarden AVM of $485,000, reflecting a cozy 82 square meters of floor area and a spacious 359 square meters of land area.

Boasting a history of steady capital value growth, this property has a promising investment outlook. The recent sale history and the increasing government valuations are testament to its appeal. The capital value has seen a significant increase over the years, making it an attractive opportunity for buyers looking for both lifestyle and financial returns.

For families with children, the property falls within a desirable school zone. The local schools are well-rated, ensuring access to quality education. This, combined with the property's convenient location and versatile design, makes it an ideal choice for those seeking a balanced lifestyle in a peaceful cul-de-sac setting.

Updated on August 01, 2024