Nestled on Hall Road, Bannockburn, Otago, this residential dwelling boasts a freehold title on a level plot of 1750 square meters. The modern construction, completed in 2021, features mixed materials for the walls and an iron roof, both in good condition. The interior spans 174 square meters, encompassing 3 bedrooms, and is equipped with a heat pump for comfort. The property has seen a significant increase in Capital Value, rising from $970,000 in September 2019 to $1,420,000 as of October 2022, marking a growth rate of 46.39%.
According to the HouGarden AVM, the property is estimated at $1,425,000, with the latest sale recorded on August 14, 2024, at $1,150,000. This indicates a potential investment opportunity in this quiet cul-de-sac.
For families, the property falls within the catchment area of Cromwell Primary School, a contributing school with a decile rating of 9, reflecting the high standard of education in the zone.
Updated on September 18, 2024