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Sold: $1,150,000

Sold on 2024 Year 2024 Month 08 Day 14

25 Hall Road, Bannockburn, Otago

3
174m2
1750m2

Nestled on Hall Road, Bannockburn, Otago, this residential dwelling boasts a freehold title on a level plot of 1750 square meters. The modern construction, completed in 2021, features mixed materials for the walls and an iron roof, both in good condition. The interior spans 174 square meters, encompassing 3 bedrooms, and is equipped with a heat pump for comfort. The property has seen a significant increase in Capital Value, rising from $970,000 in September 2019 to $1,420,000 as of October 2022, marking a growth rate of 46.39%.

According to the HouGarden AVM, the property is estimated at $1,425,000, with the latest sale recorded on August 14, 2024, at $1,150,000. This indicates a potential investment opportunity in this quiet cul-de-sac.

For families, the property falls within the catchment area of Cromwell Primary School, a contributing school with a decile rating of 9, reflecting the high standard of education in the zone.

Updated on September 18, 2024

Council Data

Last update : 2025 01 22
Improvement value$780,000Increased by 47% from year 2019
Land value$640,000Increased by 45% from year 2019
CV(Year 2022 Month 10)$1,420,000Increased by 46% from year 2019
View typeNo appreciable view
ContourLevel
Land area1750m²
Floor area174m²
Decade of construction2021
Title14567
Type of titleFreehold
Legal descriptionLOT 4 DP 303645 - WITH INT IN ROW -
CouncilOtago
Estate descriptionFSIM,1/1,LOT 4 DEPOSITED PLAN 303645,1750m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Cromwell Primary School
6.05 km
Primary
1-6
Government
Co-Educational
EQI: 422
9

Property history

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For developers

Unitary plan:-
Land:1750m²
Title:Freehold

Surrounding facilities

Hall Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
6 Highlands Avenue, Cromwell
3.46 km
0m2
Year 2024 Month 11 Day 19
$425,000
Council approved
90 Stone Drive, Cromwell
2.72 km
0m2
Year 2024 Month 11 Day 14
$975,000
Council approved
0.41 km
4
229m2
Year 2024 Month 11 Day 07
$1,600,000
Council approved
2.95 km
231m2
Year 2024 Month 09 Day 20
$2,310,000
Council approved
50 Lynn Lane, Bannockburn
0.36 km
4
263m2
Year 2024 Month 08 Day 22
$1,900,000
Council approved

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