154 Hillview Road, Alexandra, Otago

Nestled on 16 serene acres at 154 Hillview Road, Alexandra, Otago, this Freehold property is a gem for those seeking a spacious country lifestyle. The 5-bedroom, 3-bathroom home with 2 car parks and a floor area of 250 square meters is complemented by a large games room and a separate lounge, providing ample space for a growing family or potential short-term rentals. Constructed in 2000 with iron roofing and wooden walls in good condition, the residence is set on level contour, ensuring privacy with its setback from the road and sheltering pine trees. The master suite, strategically placed at one end of the home, ensures privacy while the rest of the bedrooms are located at the opposite end, perfect for large family gatherings or hosting guests. Heated by two woodfires, the open plan design extends to a vast deck, inviting warm days and cozy winters. The property's former orchard presents potential for renewal or conversion to grazing land, with abundant water supply for domestic and irrigation use. Notably, the property's Capital Value (CV) has seen a 27.73% increase from $1,190,000 in 2019 to $1,520,000 as of October 2022. The HouGarden AVM estimates the property at $1,387,500, while the latest sales were in 2013 for $550,000 and in 1998 for $70,500. Educationally, The Terrace School (Alexandra) is a Full Primary with a decile rating of 8, making this property an attractive option for families.

Updated on May 03, 2024