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55 Magnum Drive Cromwell, 9310


55 Magnum Drive , Cromwell, 9310
bed3
bathroom2
car2
land800 m2
floor174 m2
Property Type
Residential
Year Built
2023
Last Sold on 26 Jun 2025 for $1,070,000
Settlement Date
31 Jul 2025
Sold By
Property Brokers Cromwell, (Licensed: Reaa 2008)
Settlement Date
31 Jul 2025
Sold By
Property Brokers Cromwell, (Licensed: Reaa 2008)

Estimated Value Range  

Medium Confidence
  

Low
High
confidence marker image
$1.20M
$1.30M

About 55 Magnum Drive, Cromwell, 9310

55 Magnum Drive, Cromwell, 9310 is a Residential property built in 2023 with 3 bedrooms, 2 bathrooms and 2 parking spaces. The property is estimated to be valued in the range of $1,200,000 to $1,300,000.

The property last sold on 26 June 2025 for $1,070,000. It was sold by Property Brokers Cromwell, (Licensed: Reaa 2008), and took 116 days to sell. On 1 October 2022, 55 Magnum Drive, Cromwell, 9310 had a Rating Valuation with a Capital Value of $1,060,000, Land Value of $530,000 and Improvement Value of $530,000.

Property History

DateTypePriceAgent/Agency
26 Jun 2025SOLD$1,070,000
3 Mar 2025BY NEGOTIATIONPrice Not DisclosedOwen Joyce of Property Brokers Cromwell, (Licensed: Reaa 2008)
13 Jul 2021SOLD$340,000
1 Jan 1930SOLD$0
Present Day
26 Jun
2025
Sold for $1,070,000
5 months 18 days
3 Mar
2025
By Negotiation — Price Not Disclosed
Listed by Owen Joyce of Property Brokers Cromwell, (Licensed: Reaa 2008)
2023
Property Built
13 Jul
2021
Sold for $340,000
4 years 5 months 1 day
1 Jan
1930
Sold for $0
95 years 11 months 13 days

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Rating Valuation

Capital Value
$1,060,000
Land Value
$530,000
Improvement Value
$530,000
Legal Description(s)

Lot 335 Deposited Plan 574974

Valuation Date
01-10-2022
Valuation Reference
28504/6745

Additional Information

Roof Construction
Steel/G-Iron
Zone
Residential Zone B, 9B
Units of Use
1
Wall Construction
Mix.Material
Maori Land
No
Territorial Authority
Central Otago District
Land Use
Vacant Residential

Suburb Insights

Comparable Properties

There are no similar properties in the area that are listed for sale or recently sold.