Nestled at 29 Molyneux Avenue, Cromwell, Otago, this 3-bedroom, 1-bathroom freehold property is a charming 1930s cottage that has been thoughtfully updated for modern living. Constructed with roughcast walls and an iron roof, both in good condition, this residence sits on a spacious 679 sqm of land with a floor area of 152 sqm. The property, complete with a single carpark and a heat pump, has seen a significant Capital Value increase of 56.25% from $480,000 in 2019 to the current $750,000 as of October 2022. The HouGarden AVM estimates the property's value at $720,000, while the latest sale history shows transactions at $605,000 in 2022 and $310,000 in 2015.
With a prime location in a desirable school zone, the nearby Cromwell Primary School is a contributing school with a decile rating of 9. This makes the property an attractive option for families seeking quality education in a convenient and peaceful neighborhood.
Step inside and experience the blend of vintage charm and modern comforts, where a cozy living space meets an open-plan dining area, complemented by a separate lounge and sunroom. The north-facing veranda invites you to enjoy serene outdoor moments. This property offers both character and convenience, making it an ideal choice for those looking to invest in a piece of Cromwell's history with a contemporary twist.
Updated on November 01, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.12 km | 2 | 2 | 120m2 | 2024 08 28 | - | Council approved | |
 | 0.47 km | 3 | 184m2 | 2024 07 22 | $905,499 | Council approved | ||
 | 0.50 km | 3 | 1 | 72m2 | 2024 07 10 | $620,000 | Council approved | |
0.38 km | 0m2 | 2024 07 08 | $410,000 | Council approved | ||||
 | 0.23 km | 3 | 1 | 77m2 | 2024 06 27 | $675,000 | Council approved |