Nestled in the serene Lower Shotover, this 204sqm freehold property on 109 Stalker Road boasts a versatile layout as a residential home with income potential. Constructed in 2018 with mixed materials for the walls and iron for the roof, both in good condition, this home offers 4 bedrooms, 2 carparks, and a prime location in a quiet cul-de-sac. The property has seen a 25% increase in Capital Value from $960,000 in July 2017 to $1,200,000 as of September 2021. The latest sales reflect a growing trend with a sale of $1,110,000 in December 2019 and $1,542,000 in October 2024, closely mirroring the HouGarden AVM of $1,190,000.
For families with children, the property falls within the zone of two decile 10 schools, St Joseph's School and Shotover Primary School, ensuring top-notch education is within walking distance. The property’s North-facing aspect guarantees ample sunlight and picturesque views of Coronet Peak, while the Scandinavian-inspired kitchen and open plan living provide a warm, inviting atmosphere. The self-contained unit adds a layer of privacy and potential for additional income.
With easy access to the Shotover River, Twin Rivers walking trail, and the nearby café, this property offers both convenience and tranquility. Heat pumps in both the main home and unit ensure year-round comfort, and the low-maintenance section with ample parking is perfect for a family or investor. Don't miss the opportunity to bid at the auction brought forward to midday, October 8th.
Updated on November 27, 2024