Nestled in the serene Cromwell, Otago, 90 Stone Drive boasts a prime freehold property on a levelled 2 hectare lot. With unknown roofing and wall construction, this vacant land is ready for your dream development. The site is complemented by a capital value increase of 88.7% from $485,000 in 2019 to $910,000 as of 2022. The HouGarden AVM estimates it at $837,500, while the latest sales history shows consistency at $975,000. Here, in this exclusive subdivision, you'll find not just land but a smart investment that beats inflation.
Property valuation history showcases a promising trend, with the latest sale in 2024 indicating a stable market interest. This is a land where your investment grows beyond grass, as the wise have been reinvesting in prime subdivisions. The services are in, titled issued, and the Sandflat Road boundary is complete with fencing and landscaping.
For families, the Goldfields School in the vicinity is a contributing factor with a decile rating of 8. This is an opportunity to be part of a community where growth is not just a possibility but a certainty. 90 Stone Drive is not just a piece of land, it's a statement of your investment acumen in the real Otago gold.
Updated on December 18, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
1.19 km | 0m2 | Year 2024 Month 10 Day 03 | $550,000 | Council approved | ||||
1.09 km | 0m2 | Year 2024 Month 09 Day 19 | $495,694 | Council approved | ||||
1.98 km | 3 | 140m2 | Year 2024 Month 08 Day 26 | $1,100,000 | Council approved | |||
 | 1.25 km | 4 | 432m2 | Year 2024 Month 08 Day 12 | $1,850,000 | Council approved | ||
 | 1.87 km | 3 | 161m2 | Year 2024 Month 08 Day 01 | $2,035,000 | Council approved |