Nestled at 11 Ortive Street in the serene Cromwell, Otago, this residential dwelling boasts a freehold title on an 809sqm level plot. Constructed in 1964 with wood exterior walls and an iron roof, both in good condition, the property offers 2 bedrooms, 1 bathroom, and 2 car parks. The floor area spans a comfortable 85sqm, and the property is equipped with a heat pump for climate control.
Since September 2019, the capital value has seen a remarkable increase of 47.17%, reaching $780,000 as of October 2022. The HouGarden AVM estimates the property's worth at $750,000, while the latest sale history shows a progression from $225,600 in 2004 to $275,000 in 2009.
For families with children, the property falls within the catchment of the highly rated Cromwell Primary School, a contributing school with a decile rating of 9.
Updated on October 25, 2024