Back 62 Ajax Street
Off Market

62 Ajax Street

Milton Otago

2
2
130 m²
1581 m²
House
Jo TurnbullJo Turnbull, last sold this property on 22 December 2025 after 4 days on market.

Overview

SMART INVESTMENT | LIVE IN ONE, RENT THE OTHER

Two x 1-Bedroom Units - Prime Opportunity Ideal for investors or owner-occupiers seeking income. Two mirror-image 1-bedroom Units on a good sized section approx 1581m2 where only part is utilized leaving room for future development possibilities. Each Unit Features: Open-plan living flowing (heat pump) leads out to a sun-drenched deck via slider doors, efficient galley kitchen, full bathroom with shower over bath and vanity, the laundry is tucked in corner. Separate w/c. Heat pump for year-round comfort. North and South positioning ensures excellent natural light to both units. Privacy wall in between. Carport The Opportunity: Live in one, rent the other for mortgage relief, or rent both for passive income. Compact, low-maintenance design with conveniences tenants love. The smaller building footprint preserves the balance of the section - perfect for sheep grazing, lifestyle pursuits, or future dwelling subject to consent. Rare opportunity to retain land value while generating immediate returns. Perfect For: First home buyers wanting rental income, investors seeking dual-income property, or those planning ahead for additional development. Two tidy units, minimal maintenance, maximum flexibility. Build your wealth while someone else pays the mortgage. Unit B is currently tenanted at $285.00 per week. Freshen these units up and get a higher return.

Features

2 bedrooms
2 bathrooms
130 m² floor area
1581 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Milton over the last 12 months, the estimated median property value of 62 Ajax Street is $325k.

Median value
$325k
Estimated value range
$205k - $465k
Median days on market
29
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Milton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 62 Ajax Street

2025
Sold
Undisclosed
22 Dec 2025 by Jo Turnbull, of Cutlers

Happy sellers in Milton

71%
71% of sellers in Milton reported that their sale price either exceeded or met their price expectations.

Milton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 31 reviews in Milton over the last 12 months.

Local market activity for 2 bedroom houses in Milton

In the last 12 months, 11 two-bedroom houses similar to 62 Ajax Street, have been sold.

This represents a 33% decrease in two-bedroom houses sales when compared to the previous 12 months.

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