Nestled at 1 Chirnside Terrace, Patearoa, Otago, this residential dwelling boasts a charming and solid construction with stone walls and an iron roof, built in 1984 and maintained in good condition. It offers 3 bedrooms, 2 carparks, and a generous floor area of 210 square meters on a land size of 2259 square meters. The property enjoys an easy/moderate rise contour and is held under the freehold title, ensuring long-term ownership security.
Since September 2019, the capital value has seen a significant increase of 59.42%, reaching $550,000 as of October 2022. The HouGarden AVM estimates the property's worth at $530,000. The latest sale history includes transactions in August 2024 for $480,000 and August 1993 for $105,000, reflecting a substantial appreciation over the years.
For families with children, the property falls within a desirable school zone with excellent educational facilities, ensuring a quality education for young ones.
Updated on October 16, 2024