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59 Donegal Street, Cromwell, Otago, 3 Bedrooms, 0 Bathrooms

Sold: $1,120,000

Sold on 2024 Year 2024 Month 04 Day 10

59 Donegal Street, Cromwell, Otago

3
150m2
1009m2

Nestled in a serene cul-de-sac, 59 Donegal Street, Cromwell, Otago, boasts a stunning vantage point over the Cromwell Gorge and its picturesque valley. This expansive three-bedroom, freehold property, built in 2000 with mixed materials and an iron roof, both in good condition, sits on a 1009sqm section with an easy/moderate rise contour. The 150sqm floor area includes a study, two living areas, and a well-appointed two-bedroom apartment, perfect for guests or as a self-catering holiday unit. With a CV of $1,020,000 as of October 2022, it has seen a 29.11% increase since September 2019. The property includes three carparks and has been valued at $975,000 by HouGarden AVM. The latest sales were for $1,120,000 in April 2024 and $745,000 in June 2017.

Additionally, the property is within the catchment of the highly rated Cromwell Primary School, a contributing school with a decile rating of 9. This combination of location, views, and quality construction makes it an entertainer's dream and a sound investment with significant capital value growth.

With such a desirable address and school zone, this home plus apartment is not to be missed.

Updated on May 01, 2024

Council Data

Last update : 2025 01 22
Improvement value$370,000Reduced by -2% from year 2019
Land value$650,000Increased by 58% from year 2019
CV(Year 2022 Month 10)$1,020,000Increased by 29% from year 2019
DeckYes
View typeFocal Point Of view - Other
ContourEasy/Moderate rise
Land area1009m²
Floor area150m²
Decade of construction2000
TitleOT1C/1379
Type of titleFreehold
Legal descriptionSEC 3 BLK LXIII CROMWELL TN
CouncilOtago
Estate descriptionFSIM,1/1,SECTION 3 BLOCK LXIII TOWN OF CROMWELL,1009m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Cromwell Primary School
0.14 km
Primary
1-6
Government
Co-Educational
EQI: 422
9

Property history

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For developers

Unitary plan:-
Land:1009m²
Title:Freehold

Surrounding facilities

Donegal Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.12 km
2
1
108m2
Year 2024 Month 11 Day 21
-
Council approved
0.12 km
2
108m2
Year 2024 Month 11 Day 21
$759,500
Council approved
66B Molyneux Avenue, Cromwell
0.09 km
2
1
60m2
Year 2024 Month 09 Day 25
-
Council approved
53A Molyneux Avenue, Cromwell
0.16 km
2
2
120m2
Year 2024 Month 08 Day 28
-
Council approved
58 Donegal Street, Cromwell
0.04 km
3
112m2
Year 2024 Month 08 Day 10
$790,000
Council approved

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