10 Dawkins Street, Cromwell, Otago

Nestled in the esteemed Gair Estate subdivision, this charming residence at 10 Dawkins Street, Cromwell, Otago, is a freehold property that has seen a remarkable capital value growth of 30.65% since 2019. Constructed in 2021 with wood walls and an iron roof, both in good condition, this 3-bedroom, 1-carpark home spans a floor area of 130 sqm on a levelled 450 sqm section. The property, valued at $810,000 as per the latest government valuation, presents an opportunity for investors, first-home buyers, and holidaymakers alike. The HouGarden AVM estimates the property at $815,000, while the latest sales in 2024 and 2022 fetched $900,000 and $850,000 respectively.

With a decile rating of 8, Goldfields School in Cromwell is a contributing school in the highly sought-after school zone. The home boasts a modern aesthetic with a spacious kitchen, quality appliances, and an open-plan living area that extends to the backyard, perfect for summer gatherings. The heating setup includes a wood burner, heat pump, and heat transfer system for all-year comfort. Each of the three well-ventilated bedrooms features built-in wardrobes, with the master bedroom enjoying an ensuite.

Outside, the property offers two sunny entertainment areas with mountain views, a veggie patch, and a garden shed, complemented by a single internal access garage and off-street parking. This property, priced at an incredible $910,000, is an excellent buy in a location that affords easy access to schools, shops, and the best of Central Otago living.

Updated on September 11, 2024