5 Quigley Crescent, Cromwell, Otago

Nestled on a level plot at 5 Quigley Crescent, Cromwell, Otago, this residential vacant land boasts a freehold title, offering potential buyers the opportunity for unencumbered ownership. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property's unknown wall and roof construction add an air of mystery to this intriguing investment. With a land area of 480 square meters, it's situated in a quiet cul-de-sac, promising privacy and tranquility.

As for its financial highlights, the capital value has seen a significant increase from $290,000 in September 2019 to $415,000 as of October 2022, reflecting a growth rate of 43.10%. The HouGarden AVM estimates the property's value at $417,500, closely aligning with the latest sale price of $425,000 on July 28, 2024, and a previous sale of $285,000 on July 22, 2019.

For families with children, the 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 September 18, 2024