Nestled at 43 Earnscleugh Road, Alexandra, Otago, this exquisite residential dwelling on a freehold title boasts of a capital value that has seen a rapid increase of 38.62% from $1,450,000 in September 2019 to $2,010,000 as of October 2022. Constructed in 2008 with mixed materials for the walls and tiles for the roof, the property is in good condition both inside and out. It stands on an easy-to-moderate rise contour, encompassing a floor area of 332 square meters and a land area of 2007 square meters. The layout includes three generous bedrooms, three carparks, and an open plan living area that invites warmth and luxury. The master suite is particularly impressive with its opulent ensuite and walk-in-robe, strategically placed for privacy. The residence is equipped with diesel and gas appliances, as well as a heat pump for all-season comfort, and boasts breathtaking views of the Clutha River, Alexandra town, and the Hawkdun Ranges. Additionally, the property has an internally accessed double garage and a large single garage, versatile for multiple uses.
As for financial indicators, the HouGarden AVM estimates the property's value at $1,925,000, while the latest sale history shows a significant jump from $75,935 in 1999 to $565,000 in 2006. This is a clear reflection of the property's consistent capital value appreciation.
For families with children, the property falls within the catchment area of Alexandra School, a full primary school with a decile rating of 8, ensuring a high-quality education for young ones.
Updated on October 31, 2024