23a Horace Street, Cromwell, Otago

This charming property located at 23a Horace Street, Cromwell, Otago, offers a unique opportunity in the heart of 'Old Cromwell'. Built in 2018, the residence boasts 3 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 69m² and a land area of 467m². The freehold property features wooden walls in good condition, an iron roof also in good condition, and is situated on a level contour. The property is described as a Residential - Dwelling, complete with a new driveway, fenced perimeter, full services, and includes a garden shed, carport, and garage, making it an ideal site for building your dream home.

Financially, the property has seen a significant increase in capital value, from $535,000 in September 2019 to $750,000 in October 2022, marking a 40.19% growth. The latest sale recorded was on December 30, 2023, for $818,500, up from $115,000 in November 2014. The HouGarden AVM estimates the property's value at $720,000.

Education is well catered for, with the property zoned for Cromwell Primary School, which is a contributing school with a decile rating of 9. This ensures a high-quality education for residents within this catchment area.

Updated on April 06, 2024.