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40 Hosking Drive, Cromwell, Otago, 4 Bedrooms, 0 Bathrooms, House

Sold: $1,020,000

Sold on 2024 Year 2024 Month 09 Day 14

40 Hosking Drive, Cromwell, Otago

4
184m2
1070m2

Welcome to 40 Hosking Drive, a 4-bedroom, freehold property nestled on a level 1070 sqm section in a quiet cul-de-sac. Constructed in 2019 with iron roofing and wooden exterior walls in good condition, this modern home is a haven of contemporary living. The interior boasts a sun-filled open-plan living area with a kitchen featuring an engineered stone benchtop and modern appliances. The master bedroom enjoys breathtaking mountain views, a walk-in wardrobe, and an ensuite, while the other three bedrooms offer built-in wardrobes. With a heat pump and panel heaters, comfort is assured year-round. The property has a Capital Value (CV) of $1,080,000 as of October 2022, showing a 36.71% increase since September 2019. The HouGarden AVM estimates the property at $1,032,500, and the latest sales were at $1,020,000 in September 2024 and $959,000 in August 2023. The Goldfields School in the vicinity is a contributing school with a decile rating of 8.

Step outside to find a concrete driveway, a fenced backyard, and a north-facing patio ideal for outdoor entertainment. This property offers the perfect blend of indoor luxury and outdoor space, making it an attractive investment for families or as a holiday getaway. Its prime location in a desirable school zone adds to its appeal.

For families with children, the school network is a significant plus. The Goldfields School in Cromwell is a contributing school with a decile rating of 8, ensuring quality education within walking distance.

Updated on October 16, 2024

Council Data

Last update : 2024 12 11
Improvement value$530,000Increased by 35% from year 2019
Land value$550,000Increased by 37% from year 2019
CV(Year 2022 Month 10)$1,080,000Increased by 36% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area1070m²
Floor area184m²
Decade of construction2019
Title757245
Type of titleFreehold
Legal descriptionLOT 31 DP 503862
CouncilOtago
Estate descriptionFSIM,1/1,LOT 31 DEPOSITED PLAN 503862,1070m2
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

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

Property history

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For developers

Unitary plan:-
Land:1070m²
Title:Freehold

Surrounding facilities

Hosking Drive Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
13 Electric Place, Cromwell
0.74 km
3
201m2
Year 2024 Month 11 Day 04
$1,155,000
Council approved
3 Hosking Drive, Cromwell
0.13 km
0m2
Year 2024 Month 09 Day 19
$585,000
Council approved
9 Hosking Drive
0.07 km
4
2
193m2
Year 2024 Month 07 Day 25
-
Council approved
7 Electric Place, Cromwell
0.21 km
3
152m2
Year 2024 Month 07 Day 25
$945,000
Council approved
33 Hosking Drive, Cromwell
1.18 km
4
208m2
Year 2024 Month 07 Day 04
$1,050,000
Council approved

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