Located at 26 Domain Road, Bannockburn, Otago, this freehold property stands as a testament to comfortable living with its 3 bedrooms, spacious floor area of 160 square meters, and a generous land area of 3337 square meters. The dwelling, built in 1980, boasts a roughcast wall construction and an iron roof, both in good condition, ensuring durability and a timeless appeal. The level contour of the property complements its residential dwelling category, making it an ideal home for families or individuals seeking tranquility and space.
The property has seen a significant appreciation in value, with the capital value increasing from $740,000 in September 2019 to $1,070,000 in October 2022, marking a 44.59% growth. This upward trend is further evidenced by the latest sale price of $1,250,000 on January 8, 2024, and a HouGarden AVM estimate of $1,025,000, highlighting the property's investment potential and desirability in the market.
Situated within the zone of Cromwell Primary School, which boasts a high decile rating of 9, this property promises an excellent educational environment for children. The school's contributing status underscores the quality of education and community support, making this location not only a peaceful retreat but also a wise choice for families prioritizing educational opportunities.
Updated on April 06, 2024.