46 Middleton Road, Cromwell, Otago

Embrace the allure of a serene lifestyle in the esteemed Northburn district with this exquisite property, ideally located a stone's throw away from Cromwell's vibrant town center. This charming residence, set on a generous 2.29 hectare plot, boasts 3 bedrooms, 2 carparks, and a sprawling floor area of 220 square meters. Constructed in 1980 with robust brick walls and a durable iron roof, both in good condition, this freehold property exudes a sense of solid craftsmanship and enduring quality. The tranquil setting is further enhanced by the property's contour, which is level, providing a perfect canvas for the surrounding countryside and vineyard views.

With a current Capital Value (CV) of $1,600,000, this property has seen a remarkable increase of 55.34% since 2019, reflecting its growing desirability and investment potential. The HouGarden AVM estimates the property's worth at $1,582,500, while the latest sale history shows a significant leap from $375,000 in 1995 to $1,950,000 in 2024, showcasing a consistent and impressive growth trajectory.

For families with educational considerations, this property falls within the highly regarded Cromwell Primary School zone, a contributing school with a decile rating of 9. This indicates a high standard of education within the local community. This unique blend of a serene lifestyle, convenient location, and quality education makes this property a hidden gem that's not to be missed.

Updated on November 27, 2024