18 Booth Drive, Cromwell, Otago

Nestled on a level plot at 18 Booth Drive, Cromwell, Otago, this residential vacant land boasts a freehold title, promising security and autonomy. While specific details about the number of bedrooms and bathrooms are not available, the property presents a blank canvas with a land area of 263 square meters. Both the wall and roof construction remain a mystery, adding an air of intrigue to this potential investment. The property is situated in a quiet cul-de-sac, ensuring peace and privacy.

As for its financial history, the capital value as of October 1, 2022, stands at $275,000, with the HouGarden AVM estimate closely following at $265,000. The latest sale record, from February 28, 2024, shows a transaction at $285,000, indicating a potential growth trend. The capital value increase percentage is a notable highlight, reflecting a promising investment opportunity.

In terms of education, the property falls within the catchment area of Cromwell Primary School, a contributing school with a decile rating of 9. This indicates a high-quality education facility within the community, adding significant value for families.

Updated on April 11, 2024