Nestled in the serene Ventry Street cul-de-sac, this 1980-built residential unit at 57b Ventry Street, Alexandra, Otago, offers a charming living space under a Unit Title. The home boasts 2 bedrooms, a spacious bathroom with both a shower and bath, and a separate toilet, complemented by a single carpark. The exterior features well-maintained brick walls and an iron roof in good condition. The property's capital value has seen a 30.43% increase from $460,000 in September 2019 to $600,000 as of October 2022. The HouGarden AVM estimates the property at $557,500, while the latest sale history includes transactions in 2014 for $245,000 and in 1990 for $83,000. This home's appeal is further enhanced by its adjacency to the town's amenities and the Level contour of the land.
From a valuation perspective, the property has demonstrated strong growth potential. The capital value surge is indicative of a sound investment in the Alexandra property market.
For families with children, the property falls within the catchment area of Alexandra School, a Full Primary with a decile rating of 8. The combination of a desirable location, a well-appointed home, and access to a reputable school system makes this property an attractive proposition.
Updated on July 09, 2024