13 Stout Terrace, Cromwell, Otago

Nestled on a level plot at 13 Stout Terrace, Cromwell, Otago, this residential vacant property boasts a freehold title, offering autonomy and security. While the specifics of the exterior walls and roof construction remain unknown, the absence of these details only adds to the intrigue and potential for customization. The property's location within a quiet cul-de-sac ensures peace and privacy.

As per the latest valuations, the capital value has seen a significant leap, increasing by 29.65% from $995,000 in September 2019 to $1,290,000 as of October 2022. The HouGarden AVM estimates the property's worth at $1,280,000, closely aligning with the government's valuation. The latest sale on October 24, 2024, sets an impressive benchmark at $2,200,000, indicating a high demand for the area.

For families with children, the property falls within the catchment area of the esteemed Cromwell Primary School, a contributing school with a decile rating of 9, reflecting its high academic standing and social-economic status.

Updated on November 20, 2024