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721 Racecourse Road Omakau, 9376


721 Racecourse Road , Omakau, 9376
bed3
bathroom-
car3
land2.3 ha
floor167 m2
Property Type
Lifestyle
Year Built
2021
Last Sold on 23 Jun 2023 for $1,400,000
Settlement Date
24 Aug 2023
Sold By
Mike Pero Real Estate - Alexandra, (Licensed: Reaa 2008)
Settlement Date
24 Aug 2023
Sold By
Mike Pero Real Estate - Alexandra, (Licensed: Reaa 2008)

Estimated Value Range  

Medium Confidence
  

Low
High
confidence marker image
$1.10M
$1.20M

About 721 Racecourse Road, Omakau, 9376

721 Racecourse Road, Omakau, 9376 is a Lifestyle property built in 2021 with 3 bedrooms, 0 bathrooms and 3 parking spaces. The property is estimated to be valued in the range of $1,100,000 to $1,200,000.

The property last sold for $1,400,000 on 23 June 2023. It was sold by Mike Pero Real Estate - Alexandra, (Licensed: Reaa 2008), and took 92 days to sell. On 1 October 2022, 721 Racecourse Road, Omakau, 9376 had a Rating Valuation with a Capital Value of $980,000, Land Value of $300,000 and Improvement Value of $680,000.

Property History

DateTypePriceAgent/Agency
23 Jun 2023SOLD$1,400,000
16 Jan 2023ASKING PRICE$1,250,000Rhys Chamberlain of Mike Pero Real Estate - Alexandra, (Licensed: Reaa 2008)
13 Aug 2020SOLD$265,000
13 Oct 2019SOLD$235,000
27 Feb 2017SOLD$208,000
Present Day
23 Jun
2023
Sold for $1,400,000
1 year 6 months 2 days
16 Jan
2023
Asking Price — $1,250,000
Listed by Rhys Chamberlain of Mike Pero Real Estate - Alexandra, (Licensed: Reaa 2008)
2021
Property Built
13 Aug
2020
Sold for $265,000
4 years 4 months 12 days
13 Oct
2019
Sold for $235,000
5 years 2 months 12 days
27 Feb
2017
Sold for $208,000
7 years 9 months 28 days

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Rating Valuation

Capital Value
$980,000
Land Value
$300,000
Improvement Value
$680,000
Legal Description(s)

Lot 1 Deposited Plan 491138

Valuation Date
01-10-2022
Valuation Reference
28431/24101

Additional Information

Roof Construction
Steel/G-Iron
Zone
Rural Industry Zone A, 1A
Units of Use
1
Wall Construction
Weatherboard
Maori Land
No
Territorial Authority
Central Otago District
Land Use
Vacant Lifestyle

Suburb Insights

Comparable Properties

There are no similar properties in the area that are listed for sale or recently sold.