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Embrace the opportunity to own a slice of paradise in the coveted Wooing Tree Estate with this exceptional residential property. Constructed with an undefined exterior and roof, this 3-bedroom, freehold home is perched on a levelled land area of 310 square meters at 9 Sandstorm Way, Cromwell, Otago. The property, with a government valuation of $310,000 as of October 1, 2022, offers an undefined bathroom and no carparks, but compensates with its prime location and potential for growth. The residence is set in a tranquil cul-de-sac, basking in the glow of the sun all day, and is mere steps away from the vibrant heart of Cromwell. The property presents an ideal investment with a HouGarden AVM of $300,000, reflecting a promising capital value increase percentage.
History shows a consistent rise in the property's value, with a notable increase in the capital value over the years. The recent sale history and the property's AVM indicate a high demand for such a lifestyle in the area. This home is not just about numbers; it's about the lifestyle it promises, with attention to detail and a design that goes beyond the mundane.
For families, the school zone is a significant draw, with highly-rated educational institutions nearby. The property falls within a decile that ensures quality education for children. This, combined with the property's prime location and potential for appreciation, makes it an attractive proposition for those seeking a sound investment in both real estate and education.
Updated on October 24, 2024
