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16 Jollys Road, Cromwell, Otago, 3 Bedrooms, 0 Bathrooms, House

Sold: $657,500

Sold on 2024 Year 2024 Month 08 Day 09

16 Jollys Road, Cromwell, Otago

3
127m2
704m2

Step into your latest property venture at 16 Jollys Road, a residential dwelling on a 704sqm freehold section in the heart of Cromwell. Constructed in 1989 with solid bricks and tiled roof, this 3-bedroom, 1-carpark home boasts a CV of $690,000, marking a 25.45% increase since 2019. The property, with a HouGarden AVM of $695,000, presents a prime opportunity with its latest sale history of $657,500 in 2024 and $520,000 in 2018. The well-maintained walls and roof, functional kitchen, and cozy living room with a log burner and heat pump are complemented by a partially renovated bathroom and three spacious bedrooms with built-in wardrobes. Goldfields School, an 8-decile contributing primary, is within walking distance, making this property an ideal investment for families.

With a generous 127sqm floor area and a bonus external garage, this property offers ample space for growth and potential to add value. The fully fenced section with fruit trees and off-street parking provides a safe haven for children and pets. Don't miss this chance to embark on a rewarding transformation journey, perfect for the savvy investor, developer, or tradesperson.

Located in a sought-after school zone, with easy access to local amenities, this property is set to offer its new owner a combination of comfort, convenience, and growth potential. Act now, as opportunities like this don't last long!

Updated on September 11, 2024

Council Data

Last update : 2025 01 22
Improvement value$225,000Increased by 2% from year 2019
Land value$465,000Increased by 40% from year 2019
CV(Year 2022 Month 10)$690,000Increased by 25% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area704m²
Floor area127m²
Decade of construction1989
TitleOT12C/1435
Type of titleFreehold
Legal descriptionLOT 70 DP 18438
CouncilOtago
Estate descriptionFSIM,1/1,LOT 70 DEPOSITED PLAN 18438,704m2
ConstructionExternal Walls: Brick
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Goldfields School (Cromwell)
0.29 km
Primary
1-6
Government
Co-Educational
EQI: 429
8

Property history

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For developers

Unitary plan:-
Land:704m²
Title:Freehold

Surrounding facilities

Jollys Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.17 km
3
111m2
Year 2024 Month 11 Day 20
$810,000
Council approved
18 Cairnmuir Crescent, Cromwell
0.13 km
4
150m2
Year 2024 Month 10 Day 28
$910,000
Council approved
19 Jollys Road, Cromwell
0.09 km
3
110m2
Year 2024 Month 09 Day 30
$762,000
Council approved
6 Cairnmuir Crescent, Cromwell
0.04 km
3
1
112m2
Year 2024 Month 09 Day 06
$650,000
Council approved
0.09 km
3
112m2
Year 2024 Month 08 Day 23
$745,000
Council approved

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