Nestled in the serene Barry Avenue, Cromwell, Otago, this 1980-built, freehold property boasts a prime location. The 3-bedroom, 1-carpark home sits on a level 506sqm section with mixed-material walls and an iron roof in average condition. Inside, it's been extensively renovated with double glazing, a new heat pump, gas hot water, and a refurbished bathroom, kitchen, and more. The property's Capital Value (CV) has seen a 27.42% increase from $620,000 in 2019 to $790,000 as of 2022. The HouGarden AVM estimates it at $795,000, with the latest sales at $810,000 in 2024 and $795,000 in 2022. Close to the decile 9 Cromwell Primary School, this home is perfect for a family looking to enjoy the best of Central Otago life.
With a CV growth that outpaces the market and a recent sale history that speaks to its desirability, this property on a quiet cul-de-sac is not just a home but a sound investment. The generous single-car garage with internal access and additional boat parking is the cherry on top of this perfect package.
For families with school-aged children, the property falls within the highly-rated Cromwell Primary School zone, ensuring access to quality education. Whether it's the comfort of the home, the convenience of the location, or the promise of a good return on investment, this transformed residence on Barry Avenue is a golden opportunity not to be missed.
Updated on September 04, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 4 | 2 | 250m2 | 2024 11 28 | - | Council approved | |
 | 0.27 km | 3 | 121m2 | 2024 11 03 | $820,000 | Council approved | ||
 | 0.53 km | 3 | 1 | 95m2 | 2024 11 01 | $817,000 | Council approved | |
 | 0.11 km | 4 | 2 | 160m2 | 2024 08 27 | $905,000 | Council approved | |
 | 0.21 km | 3 | 160m2 | 2024 08 05 | $760,000 | Council approved |