Nestled on Ohau Road, Twizel, Mackenzie, this residential vacant land boasts a freehold title, sitting on a level contour with an area of 641 square meters. While the specifics of the wall and roof construction remain unknown, the property presents a unique opportunity for development. Its potential is further highlighted by the government's capital value increase from $260,000 in 2020 to $280,000 as of 2023, indicating a growth rate of 7.69%. The property also carries an estimated value of $270,000 according to the HouGarden AVM, with the latest sale recorded on February 16, 2024, at the same capital value of $280,000.
For families with educational considerations, the property falls within the zones of both Craighead Diocesan School, a secondary school with a decile rating of 9, and Roncalli College, another secondary school with a decile rating of 7, ensuring access to quality education.
Updated on April 10, 2024