211 Bannockburn Road, Cromwell, Otago

Located at 211 Bannockburn Road, Cromwell, Otago, this lifestyle-improved property boasts a spacious floor area of 216 square meters, sitting on a generous land area of 13,201 square meters. The freehold property features 2 bedrooms, an unspecified number of bathrooms, and 2 car parks. Built in 2015, the house is constructed with mixed materials for the walls and an iron roof, both in good condition. The level contour of the property adds to its appeal.

Since its last government valuation in September 2019 at $960,000, the property has seen a significant increase in capital value, reaching $1,400,000 by October 2021, marking a 45.83% growth. The HouGarden AVM estimates its value at $1,342,500. The property's value has been on a steady rise, with the latest sale recorded on March 6, 2024, at $1,400,000, a substantial increase from its $300,000 sale price back in July 31, 2013.

Serving the educational needs of the area, Cromwell Primary School, a contributing school with a high decile rating of 9, is within the school zone, ensuring quality education for residents. This property combines the tranquility of a lifestyle block with the convenience of being close to top-rated educational facilities.

Updated on April 04, 2024.