5 Harrys Place, Cromwell, Otago

Nestled in the tranquility of 5 Harrys Place, Cromwell, Otago, this residential vacant land boasts a freehold title and a level contour. While the specifics of the wall and roof construction remain unknown, the property presents a clean slate for potential development. With a land area of 600 square meters, it's a blank canvas waiting to be transformed into someone's dream home.

History shows a promising increase in the capital value, from $350,000 in September 2019 to the current $510,000 as of October 2022, indicating a growth rate of 45.71%. The HouGarden AVM estimates the property's worth at $505,000, closely aligning with the government's valuation. The latest sale records from 2024 show a transaction at $550,000, following an earlier sale in 2020 at $400,000, demonstrating consistent market interest.

For families with children, the property falls within the catchment area of Goldfields School in Cromwell, a contributing school with a decile rating of 8, ensuring quality education for young learners.

Updated on November 27, 2024