11 Tohill Court, Alexandra, Otago

Nestled in the serene Molyneux Estate of Alexandra, this freehold property at 11 Tohill Court is a gem for those seeking a low-maintenance, move-in ready home. Constructed in 2017 with roughcast walls and an iron roof, both in good condition, this 120sqm dwelling sits on a level 456sqm section. It features 2 bedrooms, a modern bathroom with a wet floor shower, and a single carpark. The capital value has seen a rapid increase of 35.92% from $515,000 in 2019 to $700,000 as of October 2022. The property's HouGarden AVM is $695,000, with the latest sale recorded at $727,500 in September 2024, a significant jump from the 2012 sale of $130,000. The spacious open-plan layout, modern kitchen with a breakfast bar, and the full-length veranda make it perfect for easy living.

From a valuation perspective, the property has shown a strong growth trajectory, making it an attractive prospect for investors. The latest sale price reflects the property's appeal and potential in the market.

For families, the property falls within the school zone of The Terrace School, a full primary school with a decile rating of 8. The location, combined with the property's condition and amenities, makes it an ideal choice for first-time buyers, downsizers, or those looking for a sound investment in the education sector.

Updated on November 06, 2024