6 Winston Place, Alexandra, Otago

Nestled at 6 Winston Place, Alexandra, Otago, this residential dwelling on a freehold title is a charming prospect for first home buyers, rental investors, or holiday makers. Constructed in 1957 with concrete walls and an iron roof, the property sits on a level contour with a fair roof condition and average walls. It boasts three spacious bedrooms, a single carpark, and a floor area of 112 square meters on a land area of 696 square meters. The open plan living area is bathed in sunlight, overlooks the reserve, and is complemented by a bathroom with a wet floor shower. With a fully fenced section and a single garage, this home is a solid starter in a great location, close to schools and shops.

Since 2019, the capital value has shown a remarkable increase of 33.33%, from $405,000 to the current $540,000 as of October 2022. The HouGarden AVM estimates the property at $505,000, while the latest sale in 2006 was for $215,000, indicating significant growth potential. This sunny and solid starter is not to be missed.

For families with children, the property falls within the school zone of The Terrace School (Alexandra), a full primary school with a decile rating of 8. This combination of location, potential capital gain, and educational opportunities makes 6 Winston Place an attractive proposition for those seeking a sound investment.

Updated on May 15, 2024