2 Bruce Street, Cromwell, Otago

Embrace the opportunity to own this delightful Lockwood residence nestled in a serene cul-de-sac, ideal for first-time buyers, astute investors, or those seeking a more manageable lifestyle. This freehold property boasts 3 bedrooms, 2 carparks, and a spacious floor area of 160 square meters on a level 506 square meter section. Constructed in 1980 with wood walls and an iron roof, both in average condition, this home offers the ease of low-maintenance living. The government's capital value has seen a significant increase from $500,000 in September 2019 to $660,000 as of October 2022, reflecting a growth rate of 32%. HouGarden's AVM mirrors this figure, indicating a strong market value. The latest sale history is also impressive, with a sale price of $760,000 in August 2024, up from $495,000 in May 2019. This property is not just about numbers; it's about the lifestyle it offers, with its open-plan living, two conservatories, and outdoor entertainment spaces, all set in a north/northwest aspect for abundant natural light.

For families, the school zone is a significant draw, with Cromwell Primary School being a contributing school with a decile rating of 9. This indicates a high-quality education in a family-oriented community. The property's convenient location near the greenway, bike track, and Old Cromwell Town adds to its appeal.

Don't let this hidden gem pass you by. It's a chance to take a home to new heights or to simply cherish it as it is.

Updated on September 25, 2024