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Photo of property in 75 Bannockburn Road, Cromwell, 9384

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75 Bannockburn Road Cromwell, 9384

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75 Bannockburn Road , Cromwell, 9384

8751 m²

150 m²

Property Type

Residential

Year Built

1965

Last Sold on 22 Feb 2024 for $1,990,000

Settlement Date

01 May 2024

Sold By

Berry Real Estate, (Licensed: Reaa 2008)

Settlement Date

01 May 2024

Sold By

Berry Real Estate, (Licensed: Reaa 2008)

Estimated Value Range

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About 75 Bannockburn Road, Cromwell, 9384

75 Bannockburn Road, Cromwell, 9384 is a Residential property built in 1965 with 4 bedrooms, 2 bathrooms and 1 parking space. The property is estimated to be valued in the range of $1,800,000 to $2,000,000.

The property last sold for $1,990,000 on 22 February 2024. It was sold by Berry Real Estate, (Licensed: Reaa 2008), and took 7 days to sell. On 1 October 2022, 75 Bannockburn Road, Cromwell, 9384 had a Rating Valuation with a Capital Value of $1,600,000, Land Value of $720,000 and Improvement Value of $880,000.

Property History

Date	Type	Price	Agent/Agency
22 Feb 2024	SOLD	$1,990,000
16 Feb 2024	BY NEGOTIATION	Price Not Disclosed	Jo Nieper of Berry Real Estate, (Licensed: Reaa 2008)
5 Aug 2023	BY NEGOTIATION	Price Not Disclosed	Justine Burke of New Zealand Sotheby's International Realty, (Licensed: Reaa 2008)
5 Nov 2022	ASKING PRICE	$2,000,000	Vicky Coulter of Proppy .Co.NZ, (Licensed: Reaa 2008)
22 Feb 2022	BY NEGOTIATION	Price Not Disclosed	Neil Bulling of Pgg Wrightson Real Estate Ltd (Cromwell), (Licensed: Reaa 2008)
29 Jan 2021	SOLD	$1,500,000	Neil Bulling of Pgg Wrightson Real Estate Ltd (Cromwell)
10 Dec 2020	PRICE ON APPLICATION	Price Not Disclosed	Neil Bulling of Pgg Wrightson Real Estate Ltd (Cromwell)
19 Jan 2015	SOLD	$625,000
10 Sep 2009	SOLD	$490,000
22 May 2006	SOLD	$430,000
9 Dec 2003	SOLD	$411,000
16 Jan 2000	SOLD	$134,700
10 Oct 1993	SOLD	$94,000
15 Mar 1981	SOLD	$37,000

Present Day

22 Feb

2024

Sold for $1,990,000

2 months 28 days

16 Feb

2024

By Negotiation — Price Not Disclosed

Listed by Jo Nieper of Berry Real Estate, (Licensed: Reaa 2008)

5 Aug

2023

By Negotiation — Price Not Disclosed

Listed by Justine Burke of New Zealand Sotheby's International Realty, (Licensed: Reaa 2008)

5 Nov

2022

Asking Price — $2,000,000

Listed by Vicky Coulter of Proppy .Co.NZ, (Licensed: Reaa 2008)

22 Feb

2022

By Negotiation — Price Not Disclosed

Listed by Neil Bulling of Pgg Wrightson Real Estate Ltd (Cromwell), (Licensed: Reaa 2008)

29 Jan

2021

Sold for $1,500,000

3 years 3 months 21 days

Sold by Neil Bulling of Pgg Wrightson Real Estate Ltd (Cromwell)

10 Dec

2020

Price on Application — Price Not Disclosed

Listed by Neil Bulling of Pgg Wrightson Real Estate Ltd (Cromwell)

19 Jan

2015

Sold for $625,000

9 years 4 months 1 day

10 Sep

2009

Sold for $490,000

14 years 8 months 10 days

22 May

2006

Sold for $430,000

17 years 11 months 28 days

9 Dec

2003

Sold for $411,000

20 years 5 months 11 days

16 Jan

2000

Sold for $134,700

24 years 4 months 4 days

10 Oct

1993

Sold for $94,000

30 years 7 months 10 days

15 Mar

1981

Sold for $37,000

43 years 2 months 5 days

1965

Property Built

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Rating Valuation

Capital Value

$1,600,000

Land Value

$720,000

Improvement Value

$880,000

Legal Description(s)

Lot 1 Deposited Plan 333634

Valuation Date

01-10-2022

Valuation Reference

28421/29400

View Historical Valuations

Additional Information

Roof Construction

Steel/G-Iron

Zone

Rural Industry Zone B, 1B

Units of Use

Wall Construction

Mix.Material

Maori Land

Territorial Authority

Central Otago District

Land Use

Single Unit excluding Bach

Suburb Insights

Comparable Properties

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