Located in the serene neighborhood of Cromwell, Otago, the property at 25 Vintage Street is a prime piece of residential land, categorized as 'Residential - Vacant'. This freehold property spans 316 square meters, offering a level contour which is perfect for building your dream home. Despite the lack of information on the number of bedrooms, bathrooms, and the floor area, the potential for development is immense. The property's exterior and roof construction details remain unknown, indicating a blank canvas for the new owner.
The capital value of this property as of October 2021 was $320,000, with a HouGarden estimated value slightly lower at $315,000. The property has seen consistent interest, with the latest sale recorded on February 17, 2024, and a previous sale on January 4, 2022, both at $305,000. This indicates a stable market value, with a slight increase in capital value over the period.
For families considering the educational opportunities in the area, the property falls within the zone for Cromwell Primary School. This contributing school boasts a high decile rating of 9, reflecting the quality of education and community support in the area. The combination of a promising location, stable market value, and excellent schooling options makes 25 Vintage Street a desirable plot for potential homeowners.