59 Alpha Street, Cromwell, Otago

This charming property located at 59 Alpha Street, Cromwell, Otago, offers a blend of classic and contemporary living. With 3 bedrooms and an unspecified number of bathrooms, this residence is perfect for families or investors. The property boasts a single carpark, a floor area of 106 square meters, and a generous land area of 649 square meters. As a Freehold property, it provides the ultimate ownership rights. The house, built in the year 1900, features wood wall construction and an iron roof, both in average condition. The property contour is described as an easy/moderate rise, making it both accessible and appealing.

The financial aspect of this property is equally impressive. The capital value has seen a significant increase from $550,000 in September 2019 to $690,000 in October 2022, marking a 25.45% growth. The HouGarden AVM estimates the property's value at $660,000, while the most recent sale on January 22, 2024, was at an impressive $730,000, a substantial increase from the $300,000 sale in January 2017.

Education is a priority for many, and this property does not disappoint. It falls within the zone for Cromwell Primary School, a Contributing school with a high decile rating of 9, ensuring a quality education for the younger residents.

Updated on April 06, 2024.