32a Station Street, Alexandra, Otago

Nestled in the tranquility of a quiet cul-de-sac at 32a Station Street, Alexandra, Otago, this freehold property is a charming residential dwelling built in 1977. It boasts 3 bedrooms, 1 bathroom, and a spacious floor area of 113 square meters on a levelled land of 624 square meters. The solid concrete walls and Iron roof are both in good condition, ensuring durability and low maintenance. The property has seen modern upgrades in the kitchen and lounge, complemented by a delightful deck that's perfect for hosting gatherings. It's heated efficiently with a gas fire and heat pump, and offers ample storage, a single garage with a workshop, and additional off-street parking.

As for the property's financials, the capital value has shown a remarkable increase of 33.33%, from $405,000 in September 2019 to $540,000 as of October 2022. The HouGarden AVM estimates the property at $520,000, while the latest sales were recorded at $469,000 in August 2020 and $220,000 in December 2013. This is a clear indicator of the property's growing value and investment potential.

For families with children, the property falls within the catchment area of The Terrace School (Alexandra), a full primary school with a decile rating of 8. Its convenient location, close to St Gerard's School and the Alexandra town center, makes this an ideal choice for those seeking their first home in a prime educational zone.

Updated on October 23, 2024