16 Marsh Road, Ettrick, Otago

Nestled in the serene Ettrick, Otago, at 16 Marsh Road, this residential dwelling is a freehold property that boasts a spacious open plan layout, ideal for those seeking tranquility with a rural touch. Constructed in 1985 with mixed materials for the walls and iron for the roof, both in good condition, the property sits on a level contour and offers 4 bedrooms, 2 carparks, and a floor area of 132 square meters on a land area of 800 square meters. The updated bathroom, modern kitchen with ample bench space, and a centrally located multi burner fire add to the comfort of this home.

As for financials, the property has seen a significant Capital Value increase of 45% from $300,000 in September 2019 to $435,000 as of October 2022. HouGarden AVM estimates the property's value at $422,500, while the latest sales history shows transactions at $450,000 in February 2023 and $519,000 in May 2024, indicating a steady growth trend.

For families with children, the property falls within a desirable school zone. With top-notch educational facilities and high decile ratings, the local schools ensure a quality education for your kids.

Updated on July 26, 2024