14 Fox Street, Alexandra, Otago

Nestled in the serene Shaky Bridge area at 14 Fox Street, Alexandra, Otago, this residential dwelling on a Freehold title boasts 2 bedrooms, a single carpark, and a floor area of 113 square meters on a spacious 628 square meter plot. Constructed in 1967 with concrete walls and tiled roof, both in good condition, this home offers a level contour and a promise of comfort with much potential for improvement. The property's current Capital Value (CV) stands at $580,000 as of October 2022, marking a significant increase of 34.88% from the $430,000 valuation in September 2019.

With a HouGarden AVM of $562,500 and a latest sale history of $610,000 in June 2024, and $314,000 in February 2017, this property presents a lucrative investment opportunity. The Alexandra School, a Full Primary with a decile rating of 8, is a key highlight of the local school zone.

Despite the original chattels and fittings, the house remains a cozy home in the right location, priced attractively below the rateable valuation. This solid home awaits a visionary owner to unlock its full potential.

Updated on August 22, 2024