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109 Ripponvale Road, Cromwell, Central Otago, Otago, 6 bedrooms, 2浴, Lifestyle Property

$3,150,000

109 Ripponvale Road, Cromwell, Central Otago, Otago

6
2
1
260m2
62295m2
Lifestyle PropertyListed on Thu Apr 13
school zone
$18,714/Monthly repayments
Based on estimate value
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Cromwell Perfectly located opportunity

Strategically located adjacent to the Cromwell racecourse, this property of over six hectares currently used for a well established cherry orchard and home to the current owners, offers multiple opportunities for an astute purchaser.

Continue the current owner’s lifestyle and run the orchard showing good solid returns. Subject to gaining the appropriate consents, utilise the Rural residential zoning (subdivision potential) and create a rural hamlet. Alternatively this position could also be strategic for a larger cherry grower to establish a packhouse operation with roadside stall or workers accommodation close to town.

The property boasts a character villa style home of six bedrooms over looking a stunning pond together with a packhouse/workshop and roadside store to sell to the public directly.

This well set up property offers the perfect Central Otago lifestyle with huge potential moving forward. Act now to secure this rare opportunity.

For sale plus GST if any.

Location

School zones

Name
Distance
类型
Year
属性
Gender
Score
Decile
Goldfields School (Cromwell)
1.86 km
Primary
1-6
Government
Co-Educational
EQI: 429
8

Council Data

Last update : 2024 05 01
Improvement value$1,140,000Reduced by -15% from year 2019
Land value$1,660,000Increased by 72% from year 2019
CV(Year 2022 Month 10)$2,800,000Increased by 21% from year 2019
室外木台
室外木台Yes
景色
景色No appreciable view
坡度
坡度Level
土地面积
土地面积62295m²
建筑面积
建筑面积260m²
建造年代
建造年代1960
地契编号
地契编号OT314/236
地契类型
地契类型Freehold
法律描述
法律描述LOT 6 DP 2715 RIPPONVALE EST BLK III CROMWELL SD
市议会
市议会Otago
产权描述
产权描述FSIM,1/1,LOT 6 DEPOSITED PLAN 2715
建筑规格
建筑规格External Walls: Wood Roof: Iron
建筑现况
建筑现况External Walls: Average Roof: Average

Property history

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For developers

Unitary plan:-
Land:62295m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone
Promote

Mortgage

Sold nearby

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Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
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2024年02月06日
$880,000
Council approved
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2
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2023年12月01日
$965,000
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Ref:4521157Last update:2024-05-01 10:05:34