Nestled in the tranquility of a private driveway off Brandon Street, this standalone townhouse, built in 1995 with stone walls and iron roofing, offers a comfortable and secure living experience. The 140 square meter floor area encompasses 2 well-sized bedrooms, a modern bathroom, and an open-plan kitchen-dining-living space, heated by a woodburner and a new floor-mounted heat pump. It boasts a capital value of $600,000 as of October 2022, reflecting a 30.43% increase since September 2019. The property, with a unit title, also includes a large single garage, workbench, storage, and an extra parking space.
Recent valuation history shows a HouGarden AVM of $557,500, with the latest sale recorded at $469,500 in March 2019, following a sale of $300,000 in March 2016. This indicates a promising investment opportunity in the Alexandra, Otago region.
For families, the property falls within the catchment of the highly-rated Alexandra School, a full primary with a decile rating of 8. This home is perfect for those looking to downsize or for a sound investment in the education zone.
Updated on July 11, 2024