66b Molyneux Avenue, Cromwell, Otago

Nestled at 66b Molyneux Avenue, Cromwell, Otago, this charming 2-bedroom, 1-bathroom unit with a single carpark is a perfect starter home. Constructed in 1970 with an iron roof and fibrous cement walls, it sits on a level contour with an average condition both inside and out. The property, under Unit Title, has seen a significant Capital Value (CV) increase of 28.95% from $380,000 in September 2019 to $490,000 as of October 2022. The latest sale was recorded at $475,000 in July 2022, a substantial rise from the $170,000 sale in 2006. The HouGarden AVM estimates the property's value at $495,000. For families, the prime location within the Cromwell Primary School zone, a contributing school with a decile rating of 9, adds immense value.

With a warm and inviting open plan dining and lounge area, this home offers a comfortable living space. The kitchen is equipped with standard appliances, and a heat pump ensures year-round comfort. Privacy is assured with a fully fenced section, and the unit enjoys local views from its private outdoor space.

Not only is this property convenient to local amenities and schools, but it also presents an excellent opportunity for both first home buyers and investors. This well-maintained unit is a cozy home in a prime location, ready for its next chapter.

Updated on September 25, 2024