30 Clutha Street, Alexandra, Otago

Welcome to 30 Clutha Street, Alexandra, Otago, a residential home with income potential that's now priced at Enquiries Over $499,000. This property, built in 1950, features 3 bedrooms, a spacious floor area of 150m², and sits on a generous land area of 1014m². With its freehold ownership type, iron roof construction in good condition, and wood wall construction also in good condition, it presents a solid opportunity for buyers. The level property contour adds to its appeal, offering a blank canvas for landscaping or further development.

Over the years, the capital value of this property has seen a significant increase, from $415,000 in September 2019 to $560,000 in October 2022, marking a 34.94% growth. The HouGarden AVM estimates its value at $535,000, while the latest sale on January 30, 2024, was at $487,500. This demonstrates the property's steady appreciation in value and its potential for further growth.

Located in a desirable school zone, the property falls under Alexandra School, a full primary school with a decile rating of 8. This adds to the property's appeal for families looking for quality education options. The opportunity for development, combined with its strategic location and school zoning, makes this property an attractive option for a wide range of buyers.

Updated on April 05, 2024.