58 Donegal Street, Cromwell, Otago

Nestled at 58 Donegal Street, Cromwell, Otago, this 1970-built freehold property boasts a versatile layout with captivating views. The split-level home features 3 bedrooms, 2 carparks, and a floor area of 112sqm, all set on a generous 1012sqm section with subdivision potential. The exterior boasts concrete walls and tiled roofing, both in good condition. Historically, the capital value has shown a remarkable increase from $600,000 in September 2019 to the current $760,000 as of October 2022, indicating a 26.67% growth. The HouGarden AVM estimates the property's worth at $765,000, closely aligning with the latest sale record of $790,000 in August 2024, a significant jump from the $165,000 sale in November 2002.

For families, the property falls within the highly rated Cromwell Primary School zone, a contributing school with a decile rating of 9. The location is within walking distance of Cromwell College, kindergarten, and the charming Old Cromwell Town. Additional features include fresh paint, a new clean air fireplace, partially double glazed windows, and a separate bathroom, shower, and toilet. This property is not just an ideal family home but also a promising investment for those looking to capitalize on Cromwell's growth.

Updated on September 11, 2024