Nestled at 7 Jollys Road, Cromwell, Otago, this residential dwelling is a charming freehold property, built in 1989 with brick walls and tiled roofing, both in good condition. It boasts 3 bedrooms, a floor area of 111 square meters, and a land area of 680 square meters, complete with a carpark. The property is situated on a level contour, enhancing its appeal.
As for the financials, the capital value has seen a significant increase from $540,000 in September 2019 to $680,000 as of October 2022, reflecting a growth rate of 25.93%. The HouGarden AVM estimates the property's value at $622,500. The latest sale history includes a transaction in 2024 for $810,000 and an earlier one in 2001 for $115,000.
For families with children, the property falls within the Goldfields School zone, a contributing school with a decile rating of 8, indicating a high standard of education in the area.
Updated on December 18, 2024