20 Pegasus Court, Cromwell, Otago

Nestled in the tranquility of 20 Pegasus Court, Cromwell, Otago, this residential vacant land boasts a freehold title, sitting on a levelled 1005 square meters. While the specifics of the exterior walls and roof construction remain unknown, the property's potential is undeniable. With no bedrooms, bathrooms, or carparks indicated, this is a clean slate ready for your dream home's construction.

History has been kind to this property, with a significant increase in its capital value from $295,000 in September 2019 to $430,000 as of October 2022, reflecting a growth rate of 45.76%. The HouGarden AVM estimates the property's worth at $427,500, while the latest sale on October 10, 2024, fetched an impressive $520,000.

For families with children, the property falls within the catchment area of Cromwell Primary School, a contributing school with a decile rating of 9, ensuring top-notch education for young ones.

Updated on November 07, 2024