12 Newcastle Street, Clyde, Otago

Nestled in the serene Clyde, Otago, at 12 Newcastle Street, this freehold property is a charming residential dwelling from 1964, featuring 4 bedrooms, 3 carparks, and a spacious 195sqm floor area on a level 1209sqm land. Constructed with solid bricks and an iron roof, the home is in average condition both inside and out. It's a perfect fit for growing families, holidaymakers, or the savvy investor looking to capitalize on the property's undeniable potential and ready-to-renovate appeal.

With a CV of $870,000 as of October 2022, the property has shown a remarkable growth of 38.1% since September 2019. The HouGarden AVM estimates the property's worth at $835,000, while the latest sales history includes a transaction for $790,000 in March 2024, and $365,000 back in February 2012. This home is not just a number; it's an opportunity waiting to be seized.

For families with children, the property falls within the Clyde School zone, a full primary school with a decile rating of 9. The location is hard to beat, with the Lake Dunstan, Clutha River, and Central Otago Rail trails all within a short 5-minute walk, offering a lifestyle that combines tranquility with convenience.

Updated on April 11, 2024