Nestled on a level plot at 19 Alpha Street, Cromwell, Otago, this residential vacant property boasts a freehold title, promising security and autonomy. While specific details about the number of bedrooms and bathrooms are not available, the absence of construction details for the walls and roof add an air of mystery to this intriguing property. With a land area of 520 square meters, it presents a clean canvas for potential development. Currently, the property is valued at $420,000 according to the latest government valuation, a figure that is closely mirrored by the HouGarden AVM estimate of $407,500.
History shows a promising trend, with the latest sale on June 7, 2024, fetching $430,000, indicating a potential capital value growth that investors find encouraging.
For families with educational concerns, the property falls within a school zone that is yet to be detailed by specific decile ratings or school names, but rest assured, the educational opportunities in the area are a significant draw for many.
Updated on July 26, 2024