Nestled in the serene Cromwell, Otago, 90 Stone Drive boasts a prime freehold property on a levelled 2 hectare lot. With unknown roofing and wall construction, this vacant land is ready for your dream development. The site is complemented by a capital value increase of 88.7% from $485,000 in 2019 to $910,000 as of 2022. The HouGarden AVM estimates it at $837,500, while the latest sales history shows consistency at $975,000. Here, in this exclusive subdivision, you'll find not just land but a smart investment that beats inflation.
Property valuation history showcases a promising trend, with the latest sale in 2024 indicating a stable market interest. This is a land where your investment grows beyond grass, as the wise have been reinvesting in prime subdivisions. The services are in, titled issued, and the Sandflat Road boundary is complete with fencing and landscaping.
For families, the Goldfields School in the vicinity is a contributing factor with a decile rating of 8. This is an opportunity to be part of a community where growth is not just a possibility but a certainty. 90 Stone Drive is not just a piece of land, it's a statement of your investment acumen in the real Otago gold.
Updated on December 18, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
1.19 km | 0m2 | 2024 10 03 | $550,000 | Council approved | ||||
1.09 km | 0m2 | 2024 09 19 | $495,694 | Council approved | ||||
1.98 km | 3 | 140m2 | 2024 08 26 | $1,100,000 | Council approved | |||
 | 1.25 km | 4 | 432m2 | 2024 08 12 | $1,850,000 | Council approved | ||
 | 1.87 km | 3 | 161m2 | 2024 08 01 | $2,035,000 | Council approved |