Nestled on a level plot at 30 Wooing Tree Avenue, Cromwell, Otago, this residential vacant land boasts a freehold title. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property presents a blank canvas with a land area of 509 square meters. The construction details of the walls and roof remain unknown, but the property's potential is undeniable, being situated in a tranquil cul-de-sac.
As per the latest valuation records, the capital value has seen a steady rise, with the current CV standing at $440,000 as of October 1, 2022. The HouGarden AVM estimates the property's worth at $432,500, closely reflecting the market sentiment. The recent sale on July 10, 2024, for $445,000, indicates a positive trend in the property's appreciation, showcasing a growth percentage that is sure to catch the eye of potential investors.
For families with children, the property falls within the highly sought-after school zone of Cromwell Primary School, a contributing school with a decile rating of 9. This indicates a high standard of education available within the community, adding further value to this promising piece of real estate.
Updated on August 21, 2024