10 Ray Street, Cromwell, Otago

Nestled at 10 Ray Street, Cromwell, Otago, this residential dwelling on a freehold title boasts a charming 1950s construction with roughcast walls and an iron roof in average condition. It features 2 bedrooms, a floor area of 112sqm, and a vast land area of 1,012sqm, complete with 2 carparks and a modern two bay garage with an adjoining workshop. This property, with a CV of $840,000 as of October 2022, has shown a remarkable growth of 35.48% from its $620,000 valuation in September 2019.

With a HouGarden AVM of $805,000 and a latest sale record of $870,000 in February 2024, it previously sold for $550,000 in April 2017. This well-presented home offers versatile options for buyers, whether as a holiday retreat, a permanent residence, or a valuable addition to an investment portfolio.

Located in the highly rated school zone of Cromwell Primary School, a contributing school with a decile rating of 9, this property is not just a home but an investment in a promising future.

Updated on April 17, 2024