20 Mcbride Road, Cromwell, Otago

Nestled at 20 Mcbride Road, Cromwell, Otago, this industrial-vacant property is set on a spacious land area of 1110 square meters, boasting a freehold title. The details of the exterior walls and roof construction are yet to be determined, adding a touch of mystery to this promising property. Inside, it features one bathroom, though the number of bedrooms and parking spaces are not specified. Despite these未知s, the property presents a unique opportunity for investors and developers.

With a significant increase in capital value from $335,000 in September 2019 to $620,000 as of October 2022, this property has shown an impressive growth rate of 85.07%. The HouGarden AVM estimates the property's worth at $602,500, closely aligning with the latest sale price of $633,000 in July 2024, indicating a stable and rising market value.

For families with children, the property falls within the catchment area of Goldfields School in Cromwell, a contributing school with a decile rating of 8, ensuring quality education for young learners.

Updated on August 14, 2024