461 Nelsen Ridge Road, Waikerikeri, Otago

Nestled on a vast 10-hectare block at 461 Nelsen Ridge Road, Waikerikeri, Otago, this freehold property is a Lifestyle - Improved category gem. Constructed with mixed materials for the walls and iron for the roof, the near-new home, built in 2023, stands in good condition both inside and out. It boasts 3 bedrooms, 2 carparks, and a generous floor area of 212 square meters on a level contour. The property's Capital Value (CV) has seen a rapid increase from $920,000 in September 2019 to $1,330,000 as of October 2022, reflecting a growth of 44.57%. The HouGarden AVM estimates the property's value at $1,305,000, while the latest sale was recorded at $335,000 on July 12, 2020. The serene setting is complemented by a wood fire, heat pump, underfloor heating, and an in-built audio system.

With a school zone rating of 9, the Clyde School, a Full Primary, adds to the property's allure. The modern kitchen with an island bench and butler's pantry faces the main feature window, offering high-end living. The master bedroom, with an ensuite and walk-in robe, provides privacy and stunning mountain views. Two additional bedrooms, a timber deck, two sheds, and a natural pond further enhance the property's appeal. If you're seeking a tranquil lifestyle with modern amenities in Central Otago, this property is a must-see.

Located in a sought-after school zone, with the highly rated Clyde School nearby, this property is perfect for families. The school's decile rating of 9 ensures a quality education for children. The combination of a peaceful cul-de-sac, a capital value on the rise, and a well-appointed lifestyle property makes this an opportunity not to be missed.

Updated on October 21, 2024