54 Stratford Drive, Cromwell, Otago

Nestled in the serene Stratford Drive, this 2019-built residence boasts a freehold title on a levelled 780sqm of land. The 222sqm floor area is cleverly divided into 3 bedrooms and 2 carparks, creating a spacious and comfortable living environment. The exterior walls, constructed from wood, are in good condition, as is the iron roof, ensuring durability and low maintenance. This property is a prime example of modern living in a quiet cul-de-sac.

With a significant increase of 45% in Capital Value from $800,000 in September 2019 to the current $1,160,000 as of October 2022, this property also presents a strong investment potential. The HouGarden AVM estimates the property's worth at $1,112,500, while the latest sales history shows a sale price of $1,265,000 in February 2024 and $259,000 in December 2016, reflecting a steady growth in value.

For families with children, the property falls within the highly regarded Cromwell Primary School zone, a contributing school with a decile rating of 9. This ensures access to quality education in a supportive community.

Updated on April 17, 2024