9 Meyer Street, Alexandra, Otago

Located at 9 Meyer Street, Alexandra, Otago, this residential dwelling is a testament to solid construction and thoughtful modernization. With 3 bedrooms and a floor area of 237 square meters, this property sits on a generous 1008 square meter freehold land. The exterior boasts concrete walls in fair condition and an iron roof, also in fair condition, dating back to 1970. The level contour of the property enhances its accessibility and usability. Key features include a modernized kitchen, refurbished bathroom, gas hot water, double glazing, and an open plan living area that enjoys sunlight throughout the day and offers great views. The property also includes a single garage with an adjacent rumpus room, which provides ample off-street parking and could be converted back into a garage if desired.

The property has seen a significant increase in capital value, from $550,000 in September 2019 to $750,000 in October 2022, marking a 36.36% growth. The latest sale was recorded on January 26, 2024, for $713,038, following a previous sale for $575,000 on August 11, 2020. The HouGarden AVM estimates the property's value at $720,000, reflecting its desirability and the quality of the investment.

The property falls within the zone for The Terrace School (Alexandra), a full primary school with a decile rating of 8, indicating a high level of educational performance. This family-friendly home in Meyer Street is perfectly positioned for those seeking quality education for their children in a supportive community environment.

Updated on April 05, 2024.