Located at 93 Stones Road, Waikerikeri, Otago, this lifestyle vacant property spans over 2.18 hectares of land, offering an elevated site with exceptional expansive views of the Central Otago landscape. The property is fully fenced, with electricity, potable, and irrigation water supply installed to the boundary, making it a perfect canvas for creating a dream lifestyle property. Despite its serene location, it is just minutes away from Alexandra and Clyde, providing a blend of tranquility and convenience. The property's construction details such as the roof and wall are unknown, and it features an easy/moderate fall contour.
From a financial perspective, the property has seen a significant increase in capital value, from $320,000 in September 2019 to $450,000 in October 2022, marking a 40.625% increase. The HouGarden AVM estimates its value at $432,500. The latest sale recorded was on August 29, 2018, for $340,000, indicating a steady appreciation in value over the years.
In terms of education, the property falls within the zone for Clyde School, a full primary institution with a high decile rating of 9, ensuring quality education for residents with young families. This property not only offers a stunning location but also the potential for a great investment and an excellent educational environment.
Updated on April 06, 2024.