32 Avalon Crescent, Fernhill, Otago - House Sold on 16 10 2025

SoldOct 16, 2025

32 Avalon Crescent, Fernhill, Otago

$1,637,000

220 m²

799 m²

House

•

29 days on the market

Sold: Oct 16, 2025

What's around 32 Avalon Crescent

Flexible living, multiple income streams

Nestled in a peaceful Fernhill cul-de-sac, 32 Avalon Crescent is a true hidden gem, showcasing unforgettable lake and mountain views. Perfectly suited to astute investors or those seeking a versatile holiday home, this exceptional property offers the rare advantage of three separate income streams each with individually metered power supplies currently generating excellent rental returns. The main residence occupies the upper level, featuring three spacious bedrooms, two bathrooms, and a generous lounge opening to a sun-soaked balcony. A rear sunroom provides the perfect space for an office or extra guest accommodation, while a separate laundry, guest toilet, and garden add further convenience. Every room enjoys uninterrupted views of the breathtaking surrounds. On the ground floor, a fully self-contained one-bedroom flat includes its own large storage room and sweeping lake outlook. Above the double garage, a separate studio provides additional flexibility, and if consent was sought, could provide additional rental income Warm and inviting year-round, the home is fully double glazed and heated by both heat pumps and wood pellet burners. With all the hard work already completed, the property is ready for new owners to move in and enjoy. Ample off-street and garage parking an added bonus. Whether you choose to maximise returns through Airbnb, secure long-term tenants, or live in one part while renting the others, the potential here is undeniable. Please take the time to view our Matterport video walkthrough for this property: https://my.matterport.com/models/UU94mZk6JJa Don’t miss this rare opportunity, contact me today for more information.