Nestled in the tranquility of 9 Kirtle Place, Cromwell, Otago, this charming residence boasts a freehold title on an 809sqm level plot. Constructed in 1970 with robust fibrous cement walls and an iron roof, both in good condition, this 64sqm home offers 1 bedroom, 1 bathroom, and a single carpark. The property's Capital Value (CV) has seen a rapid increase from $495,000 in September 2019 to $620,000 as of October 2022, reflecting a growth rate of 25.25%. This is further supported by the HouGarden AVM estimate of $577,500.
Reflecting its investment potential, the latest sale record shows the property was transacted for $665,000 on June 13, 2024. The property falls under the 'Residential - Dwelling' category, ensuring a comfortable and private living environment within a quiet cul-de-sac.
For families with children, the property is zoned for the esteemed Cromwell Primary School, a contributing school with a decile rating of 9, indicating a high standard of education in the area.
Updated on June 26, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
0.23 km | 3 | 105m2 | 2024 10 30 | $740,000 | Council approved | |||
 | 0.07 km | 2 | 130m2 | 2024 10 17 | $678,500 | Council approved | ||
0.22 km | 3 | 105m2 | 2024 09 26 | $700,000 | Council approved | |||
 | 0.17 km | 3 | 1 | 172m2 | 2024 09 20 | $810,000 | Council approved | |
 | 0.32 km | 4 | 2 | 160m2 | 2024 08 27 | $905,000 | Council approved |