Nestled within the esteemed Wooing Tree Estate in Cromwell, Otago, lies a remarkable property at 23 Magnum Drive – a haven of luxury and contemporary design. This freehold residence boasts 4 bedrooms, 2 carparks, and a spacious floor area of 188sqm on a levelled 442sqm section. Constructed with a mix of materials, the exterior walls are in good condition, as is the iron roof. The property has seen a significant Capital Value increase of 250.88% from $285,000 in September 2019 to $1,000,000 as of October 2022. The HouGarden AVM estimates it at $975,000, while the latest sale on June 27, 2024, was for $1,400,000.
Not only is the property a gem in itself, but it also enjoys a prime location within the Cromwell Primary School zone, a contributing school with a decile rating of 9. The residence is a showcase of natural materials, thermally efficient finishes, and boasts commanding views of the Pisa Mountain Ranges. It's a home that invites warmth and elegance with its engineered timber floors, feature windows, and a fully ducted heating system.
With its close proximity to the Cromwell township and the scenic Lake Dunstan, this property offers a unique lifestyle in a community renowned for its wineries, water sports, and outdoor activities. It's an opportunity to embrace the best of what Cromwell has to offer.
Updated on August 08, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.08 km | 3 | 143m2 | Year 2024 Month 11 Day 17 | $882,500 | Council approved | ||
 | 0.21 km | 3 | 124m2 | Year 2024 Month 10 Day 30 | $905,000 | Council approved | ||
0.14 km | 3 | 163m2 | Year 2024 Month 10 Day 09 | $1,095,000 | Council approved | |||
 | 0.16 km | 3 | 131m2 | Year 2024 Month 09 Day 08 | $880,000 | Council approved | ||
 | 0.28 km | 3 | 140m2 | Year 2024 Month 08 Day 30 | $925,000 | Council approved |