18 Cairnmuir Crescent, Cromwell, Otago

Nestled on a sprawling 837m2 freehold section, this impressive 4-bedroom, 1-carpark residence at 18 Cairnmuir Crescent, Cromwell, Otago, is a gem in a quiet cul-de-sac. Constructed in 1987 with durable Oamaru Stone walls and tiled roof, the property presents a solid structure with a well-maintained exterior. The capital value has seen a rapid increase from $580,000 in 2019 to $740,000 as of 2022, reflecting a growth of 27.59%. The latest sales history showcases a high demand with transactions at $910,000 in 2024 and $730,000 in 2021. HouGarden AVM estimates the property's worth at $735,000. This residence is not just about numbers; it's about the lifestyle. Being in the decile 8 Goldfields School zone, it's perfect for families with children, offering both quality education and a serene living environment.

With a floor area of 150sqm, the home provides ample space for a growing family. The modern kitchen, complete with amenities, and the large lounge flowing into a sunlit conservatory, create a warm and inviting atmosphere. Outside, the manicured gardens and raised vegetable patches are a testament to the property's potential for outdoor enjoyment. Close to the mall, supermarket, and with Lake Dunstan within walking distance, this property offers convenience alongside its capital value growth potential.

For those with a green thumb or families seeking top-notch education, this property is a perfect blend of location, comfort, and value. Given the high interest expected, prompt action is recommended to secure this super-sized, super-valued home in a sought-after school zone.

Updated on November 27, 2024