38 Dungannon Street, Ranfurly, Otago

Nestled in the tranquility of 38 Dungannon Street, Ranfurly, Otago, this residential dwelling on a freehold title boasts a capital value that has seen a remarkable increase of 48.57% from $350,000 in September 2019 to $520,000 as of October 2022. The 3-bedroom, 1-bathroom, and single carpark home, built in 1960, stands firm with its concrete walls and iron roof, both in good condition. Spanning an area of 107 square meters of floor space and 902 square meters of land, this property is a perfect blend of classic charm and modern convenience, with new carpets, double glazing, and rewiring. The kitchen, bathed in natural light, is designed for functionality, flowing into the dining and lounge area, and out to a sunny deck that overlooks the well-kept gardens. The property's latest sale history includes transactions in 2019 for $350,000 and in 2008 for $185,000, while the HouGarden AVM estimates the property's value at $515,000.

For families or retirees, the home offers two double bedrooms with wardrobes and a large single bedroom. The log burner and heat transfer system provide warmth, complemented by a heat pump/air conditioner for the summer months. The modern bathroom with underfloor heating, separate toilet, and laundry area adds to the appeal. The large double garage and a charming shed with three functional rooms provide ample storage and versatile spaces.

Educationally, the property falls within a desirable school zone, enhancing its value proposition. With a focus on quality education, the local schools are well-rated, making this property an ideal choice for families with children.

Updated on November 25, 2024