Nestled at 13 Simmonds Street, Alexandra, Otago, this 1960-built, freehold property is a charming residential dwelling. With 3 bedrooms, a single carpark, and a floor area of 110 square meters on a levelled 346 square meter section, it boasts concrete walls and an iron roof in average condition. The home has undergone a recent renovation, infusing it with sophistication and modern style. The open-plan living area, with its refined color scheme, includes a dining space, a practical kitchen with ample storage, and a breakfast bench. The living room, complete with a Woodburner, is perfect for cozy winter nights. The accommodation is completed by three well-proportioned bedrooms with built-in robes, a central bathroom with a deep bath, and a separate toilet. Outside, a removable shade sail covers the entertainment area, while the property is fully fenced and includes a detached garage, a heat pump, and a heat transfer system. The property's Capital Value (CV) as of October 1, 2022, stands at $520,000, with a HouGarden AVM of $485,000, making it an attractive opportunity for first home buyers, downsizers, or investors.
Reflecting a strong investment potential, the property has shown a consistent increase in CV, with a notable growth percentage. The recent sale history and the HouGarden AVM indicate a promising trend in the property's value appreciation. Whether you're looking at the short or long-term investment perspective, this property is a solid choice.
For families with children, the school zone is a significant plus. The local schools are highly rated, with a decile score that reflects their excellence. This property falls within a sought-after school zone, ensuring access to quality education for the young ones.
Updated on May 07, 2024