Nestled at 28 Harvest Crescent, Cromwell, Otago, this industrial-vacant property is set on a generous 1000 square meters of land, boasting a freehold title. The specifics of the exterior walls and roof construction remain unknown, yet this doesn't detract from the property's allure. With a single bathroom and no specified number of bedrooms or carparks, this unique property presents a versatile opportunity for potential investors.
As for its financial history, the property has seen a remarkable Capital Value (CV) increase of 86.67% from $300,000 in September 2019 to $560,000 as of October 2022. HouGarden's AVM estimates the property's value at $520,000, closely aligning with the latest sale price of $550,000 on June 10, 2024.
For families with educational considerations, this property falls within the catchment area of Goldfields School in Cromwell, a contributing school with a decile rating of 8, indicating a high standard of education in the region.
Updated on June 26, 2024