333 Springvale Road, Alexandra, Otago

Discover the charm of rural living with this 2-bedroom property located at 333 Springvale Road, Alexandra, Otago. Nestled on a sprawling 40,020 sqm freehold land, this lifestyle-improved property boasts a 150 sqm floor area, including a large separate shed. Constructed in 1974, the house features wood walls and an iron roof, both in average condition, and sits on level ground, making it an ideal renovation project. The property also offers a single carpark, enhancing its appeal to those seeking space and tranquility.

Since its last sale at $350,000 in March 2010, the property's capital value has seen a significant increase, reaching $925,000 by October 2022, marking a 51.64% growth. This is slightly above the HouGarden AVM of $902,500, indicating a strong market value. Such a substantial increase in value underscores the property's potential as a wise investment opportunity.

Education is well catered for, with the property zoned for Clyde School, a full primary institution boasting a high decile rating of 9. This ensures residents have access to quality education, making it an ideal choice for families or those planning to start one. Don't miss this opportunity to own a piece of Alexandra's serene landscape.

Updated on April 02, 2024.