Nestled in the tranquility of 9 Kirtle Place, Cromwell, Otago, this charming residence boasts a freehold title on an 809sqm level plot. Constructed in 1970 with robust fibrous cement walls and an iron roof, both in good condition, this 64sqm home offers 1 bedroom, 1 bathroom, and a single carpark. The property's Capital Value (CV) has seen a rapid increase from $495,000 in September 2019 to $620,000 as of October 2022, reflecting a growth rate of 25.25%. This is further supported by the HouGarden AVM estimate of $577,500.
Reflecting its investment potential, the latest sale record shows the property was transacted for $665,000 on June 13, 2024. The property falls under the 'Residential - Dwelling' category, ensuring a comfortable and private living environment within a quiet cul-de-sac.
For families with children, the property is zoned for the esteemed Cromwell Primary School, a contributing school with a decile rating of 9, indicating a high standard of education in the area.
Updated on June 26, 2024
