24 Blackman Road, Alexandra, Otago

Discover the charm of rural living with this lifestyle-improved property at 24 Blackman Road, Alexandra, Otago. Boasting three bedrooms and a floor area of 141 sqm on a sprawling 50,586 sqm freehold land, this residence combines the essence of country living with modern comforts. Constructed in 2000 with wood walls in good condition and an iron roof also in good condition, the property sits level, offering ease of access and use. The heart of this home is its expansive living space, featuring an open plan kitchen, dining, and living area, plus a separate lounge, all bathed in natural light and north-facing views. Heating is provided by a woodburner and heat pumps, ensuring warmth throughout the cooler months. The master bedroom includes an ensuite and direct outdoor access, complemented by a recently updated family bathroom. Practicality is enhanced with a separate laundry, water softener, and a generous 3-bay garage with workshop and lockup. Outbuildings and six irrigated paddocks offer vast potential for agriculture or livestock.

Financially, the property has seen significant growth, with its capital value increasing by approximately 63.64% from $770,000 in September 2019 to $1,260,000 in October 2022. The latest sale in September 2021 fetched $1,000,000, while the HouGarden AVM estimates its value at $1,230,000, indicating a strong market appreciation. This growth underscores the property's investment potential and the appeal of its location and features.

Education is well catered for, with the property zoned for Alexandra School, a full primary institution boasting a decile 8 rating. This ensures access to quality education, enhancing the appeal for families seeking a blend of rural tranquility and educational opportunities.

Updated on March 21, 2024.