22 Pegasus Court, Cromwell, Otago

Nestled in the serene cul-de-sac of 22 Pegasus Court, Cromwell, Otago, this residential dwelling is a prime example of modern living. Constructed in 2021 with wood exterior walls and an iron roof, the property stands on a level contour with a floor area of 60 square meters and a land area of 1005 square meters. It boasts 2 bedrooms, 1 bathroom, and a single carpark, all complemented by a heat pump for comfort. The freehold title ensures full ownership rights.

With a significant increase of 37.5% in its Capital Value (CV) from $480,000 in September 2019 to $660,000 as of October 2022, the property also reflects a HouGarden AVM of $650,000. The latest sale history is notable, with a transaction on October 31, 2024, for $835,000, a substantial leap from the previous sale on April 2, 2019, for $320,000.

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, ensuring access to quality education.

Updated on November 27, 2024