Located in the serene neighborhood of Alexandra, Otago, 28 Bantry Street is a classic style home that boasts a unique charm. This property features 3 bedrooms, 1 bathroom, and 1 carpark, spread over a floor area of 93m² on a generous land area of 506m². Ownership is freehold, ensuring complete control over the property. The dwelling is constructed with roughcast walls and an iron roof, dating back to 1900. Despite its age, the wall condition is rated as average, and the roof condition as fair, sitting on a level property contour. This residence is not just a house but a home that offers a blend of comfort and convenience, with its open plan kitchen, dining, and living area equipped with a log burner, combined bathroom and laundry, and a separate toilet. The property also features a low maintenance, fully fenced section and a smaller single garage, enhancing its appeal.
The property has seen a significant increase in its capital value, from $370,000 in September 2019 to $495,000 in October 2022, marking a 33.78% growth. The HouGarden AVM estimates its value at $475,000. Its sale history reflects its growing value, with sales recorded at $352,000 in October 2018 and $195,000 in January 2007. This upward trend in value underscores the property's investment potential and desirability in the market.
Education is a priority for many families, and 28 Bantry Street falls within the zone for Alexandra School, a full primary school with a decile rating of 8. This highlights the property's advantageous location for families seeking quality education options for their children. The combination of its classic charm, strategic location, and investment potential makes this property a compelling choice for homebuyers and investors alike.
Updated on April 04, 2024.