Introducing a stunning 3-bedroom residence located at 1 Smitham Drive, Cromwell, Otago, boasting a perfect blend of modern design and expansive luxury. This freehold property spans 157 square meters of floor area on a generous 561 square meter land parcel. Constructed in 2021 with mixed materials for the walls and an iron roof, both in good condition, it stands as a testament to contemporary architecture. The level contour of the property complements its thoughtful design, featuring a spacious living area that seamlessly integrates with the outdoors, large double garaging, and ample off-street parking.
Since its last sale at $985,000 on January 11, 2024, the property has seen a remarkable capital value increase of 27.54% from $690,000 in September 2019 to $880,000 in October 2022. The HouGarden AVM estimates its value at $842,500, highlighting its desirability and potential for growth. This home not only offers a luxurious lifestyle with its high-end finishes, including a fireplace, heat pump, and DVS system but also represents a wise investment with its rapid appreciation in value.
Located within the Goldfields School (Cromwell) zone, which boasts a decile rating of 8, this property promises an excellent educational environment for families. The school's contributing status reflects its quality and community engagement, making this home an ideal choice for those prioritizing education. Experience the blend of style, comfort, and convenience in a sought-after location. Don't miss the opportunity to make this exquisite property your own.
Updated on April 06, 2024.