35 Clare Road, Alexandra, Otago

Nestled on a quiet cul-de-sac in Galloway, this charming 3-bedroom, 1-bathroom residence on 35 Clare Road, Alexandra, Otago, is a freehold property that exudes potential. Constructed in 1960 with concrete walls and an iron roof, both in good condition, the 120sqm floor area is complemented by a substantial 6,160sqm land area. The property, with a level contour, boasts an open plan kitchen-dining, separate lounge, and decks that flow seamlessly into the gardens. It includes a garage with a workshop, additional workshop garage, and a skyline garage for up to 4 vehicles. The property's Capital Value has seen a remarkable increase of 88.79% from $495,000 in September 2019 to $930,000 as of October 2022. HouGarden AVM estimates the property at $892,500, while the latest sale on February 2, 2022, was for $940,000.

With a CV increase that outpaces the market, this home is not just a residence but a sound investment. The property is zoned for The Terrace School (Alexandra), a Full Primary with a decile rating of 8, ensuring quality education for the family.

Escape to the country and embrace the tranquility this property offers, with its well-kept fruit trees, vegetable garden, and glasshouse, making it a very desirable residence indeed.

Updated on October 25, 2024