Nestled at 6 Teviot Street, Roxburgh, Otago, this freehold property boasts a residential ownership home unit with 4 bedrooms, 2 bathrooms, and 2 car parks. Constructed in 1980 with concrete walls and an iron roof, both in good condition, the property offers a floor area of 160 square meters on a land area of 417 square meters. The capital value has seen a rapid increase from $365,000 in September 2019 to $530,000 as of October 2022, marking a growth of 45.21%. This is further supported by the HouGarden AVM of $525,000.
Reflecting a strong market trend, the latest sale history includes transactions of $505,000 in May 2021 and $592,000 in September 2024. This fully furnished downstairs apartment stands out with its street-level entrance, large carport, open-plan kitchen & dining, a generous lounge with a flat screen TV, and access to a spacious patio area and established gardens, perfect for entertainment and basking in the sun.
For families with children, the property falls within a desirable school zone with excellent decile ratings and reputable schools, ensuring a quality education for the young ones.
Updated on November 20, 2024