Nestled in a serene cul-de-sac, 59 Donegal Street, Cromwell, Otago, boasts a stunning vantage point over the Cromwell Gorge and its picturesque valley. This expansive three-bedroom, freehold property, built in 2000 with mixed materials and an iron roof, both in good condition, sits on a 1009sqm section with an easy/moderate rise contour. The 150sqm floor area includes a study, two living areas, and a well-appointed two-bedroom apartment, perfect for guests or as a self-catering holiday unit. With a CV of $1,020,000 as of October 2022, it has seen a 29.11% increase since September 2019. The property includes three carparks and has been valued at $975,000 by HouGarden AVM. The latest sales were for $1,120,000 in April 2024 and $745,000 in June 2017.
Additionally, the property is within the catchment of the highly rated Cromwell Primary School, a contributing school with a decile rating of 9. This combination of location, views, and quality construction makes it an entertainer's dream and a sound investment with significant capital value growth.
With such a desirable address and school zone, this home plus apartment is not to be missed.
Updated on May 01, 2024