1 Teviot Street, Roxburgh, Otago

Nestled in the serene cul-de-sac of Teviot Street, Roxburgh, Otago, lies a charming residential dwelling on a freehold section. Constructed in 1974 with concrete walls and an iron roof, both in good condition, this 80m2 home boasts two bedrooms, one bathroom, and a functional layout. The heat pump efficiently warms the entire house, which sits on a levelled 1,012m2 plot. With a CV of $370,000 as of October 2022, this property has seen a 51.02% increase since September 2019, reflecting its growing value. The HouGarden AVM estimates the property at $340,000, making it an attractive prospect for first-home buyers, retirees, or investors.

History shows a promising trend, with a recent sale adding to the property's allure. The well-maintained garden and the potential for subdivision in the large backyard present additional value. This property is not just a home but a potential investment opportunity, strategically located near the Clutha Gold rail trail and the local golf course, with all amenities of Roxburgh within easy reach.

For families with educational considerations, this property falls within a desirable school zone. The local schools are well-rated, ensuring a quality education for children. This combination of a solidly built home, a rapidly appreciating CV, and access to top-notch education makes 1 Teviot Street an irresistible opportunity not to be missed.

Updated on December 16, 2024