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9 Neason Place, Cromwell, Otago, 3 Bedrooms, 0 Bathrooms, House

Sold: $1,250,000

Sold on 2024 Year 2024 Month 10 Day 17

9 Neason Place, Cromwell, Otago

3
234m2
564m2

Nestled in the sought-after Gair Estate of Cromwell, this exquisite residence at 9 Neason Place is a freehold property that boasts a modern design and sustainable living features. Constructed in 2021 with mixed materials for the walls and iron for the roof, this home is in a level contour with good wall and roof conditions. It comprises 3 bedrooms, 2 carparks, and a generous floor area of 234 square meters on a land area of 564 square meters. The property has seen a significant Capital Value (CV) increase of 35.29% from $850,000 in September 2019 to $1,150,000 as of October 2022. The latest sales were recorded at $1,250,000 on October 17, 2024, and $1,160,000 on August 4, 2022, with the HouGarden AVM estimating the property's value at $1,052,500.

Not only is this home a gem in terms of value appreciation, but it also enjoys a prime location within a quiet cul-de-sac, enhancing the tranquility and convenience of the lifestyle on offer. The property is equipped with solar power, underfloor heating, and a heat pump, complemented by a modern kitchen with a pantry. The master bedroom features a walk-in robe and an ensuite, with an additional bathroom adding to the comfort. Ample storage, including built-in wardrobe drawers, is a highlight, as is the expansive, partially covered decking that frames stunning views of the Pisa Range.

For families with children, the property falls within the catchment area of Goldfields School in Cromwell, a contributing school with a decile rating of 8. This home truly offers much, much more, blending quality, convenience, and a serene environment for a relaxed lifestyle in the heart of Cromwell.

Updated on December 04, 2024

Council Data

Last update : 2025 01 22
Improvement value$700,000Increased by 32% from year 2019
Land value$450,000Increased by 40% from year 2019
CV(Year 2022 Month 10)$1,150,000Increased by 35% from year 2019
View typeNo appreciable view
ContourLevel
Land area564m²
Floor area234m²
Decade of construction2021
Title748887
Type of titleFreehold
Legal descriptionLOT 52 DP 501107
CouncilOtago
Estate descriptionFSIM,1/1,LOT 52 DEPOSITED PLAN 501107,564m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

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

Property history

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For developers

Unitary plan:-
Land:564m²
Title:Freehold

Surrounding facilities

Neason Place Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
11a Quigley Crescent, Cromwell
0.12 km
3
164m2
Year 2024 Month 11 Day 14
$950,000
Council approved
8 Neason Place, Cromwell
0.20 km
3
180m2
Year 2024 Month 10 Day 11
$1,050,000
Council approved
19 Quigley Crescent, Cromwell
0.21 km
3
167m2
Year 2024 Month 10 Day 04
$1,110,000
Council approved
12 Neason Place, Cromwell
0.19 km
3
190m2
Year 2024 Month 08 Day 30
$1,080,000
Council approved
28 Olds Crescent, Cromwell
0.22 km
4
187m2
Year 2024 Month 08 Day 09
$1,100,000
Council approved

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