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Sold: $950,000

Sold on 2024 Year 2024 Month 05 Day 31

252 Bannockburn Road, Cromwell, Otago

2
1
88m2
4500m2

Nestled at 252 Bannockburn Road, Cromwell, Otago, this residential dwelling is a charming 2-bedroom, 1-bathroom home, built in 2000 with a floor area of 88 square meters on a spacious 4500 square meter freehold section. The property boasts an iron roof and roughcast exterior walls, both in average condition, and is set on level contour. It's located in a quiet cul-de-sac, adding to the tranquility of this idyllic home.

With a significant increase of 41.94% in its Capital Value from $620,000 in September 2019 to $880,000 as of October 2022, the property also has a HouGarden AVM of $820,000 and a latest sale record of $950,000 on May 31, 2024, indicating a promising investment opportunity.

For families with children, the property falls within the Goldfields School zone, a contributing school with a decile rating of 8, ensuring quality education for the young ones.

Updated on June 26, 2024

Council Data

Last update : 2025 01 29
Improvement value$300,000Increased by 36% from year 2019
Land value$580,000Increased by 45% from year 2019
CV(Year 2022 Month 10)$880,000Increased by 41% from year 2019
View typeNo appreciable view
ContourLevel
Land area4500m²
Floor area88m²
Decade of construction2000
Title867462
Type of titleFreehold
Legal descriptionLOT 1 DP 531431
CouncilOtago
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 531431,4500m2
ConstructionExternal Walls: Roughcast
Roof: Iron
ConditionExternal Walls: Average
Roof: Average

School zones

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

Property history

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For developers

Unitary plan:-
Land:4500m²
Title:Freehold

Surrounding facilities

Bannockburn Road Neighborhood and Surrounding Data

Mortgage

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Sold date
Sold
Data source
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