50 Lynn Lane, Bannockburn, Otago

Boasting a prime location in the serene Bannockburn, this exquisite 4-bedroom, 2-carpark property is a paradigm of modern living. Constructed in 2019 with a mix of robust materials, the residence features a durable iron roof and a well-maintained facade. It sits on a levelled 1796sqm of freehold land, offering a generous floor area of 263sqm. The property has seen a remarkable Capital Value (CV) increase of 48.89% from $1,350,000 in 2019 to $2,010,000 as of October 2022. HouGarden AVM estimates the property's worth at $1,925,000, closely aligned with the latest sale price of $1,900,000 in August 2024, a significant leap from the $330,000 sale in 2017.

With a decile rating of 9, Cromwell Primary School, a contributing school, is within the esteemed educational zone of this property. The residence presents an inviting living space with a designer kitchen, a spacious lounge-dining area, and an abundance of natural light. The master bedroom is equipped with an ensuite and walk-in wardrobe, complemented by an additional self-contained unit, perfect for extended family or potential B&B opportunities.

Embracing the tranquility of a quiet cul-de-sac, this property is not just a home but a sound investment in the heart of Bannockburn's allure.

Updated on October 09, 2024