Nestled in the serene landscapes of Jacks Point, Queenstown Lakes, this vacant residential property at Kingston Road offers a blank canvas for dream home builders. With a generous land area of 448 square meters, the property is a freehold (full ownership) land, ensuring long-term security and freedom for its owners. The property's specifics regarding the number of bedrooms, bathrooms, and floor area are yet to be defined, offering flexibility in design. Despite the absence of a built structure, the property's potential is evident, with no existing carparks, and both the wall and roof constructions, along with their conditions, remain unknown, highlighting the property's untouched nature. The contour of the land is level, making it an ideal site for construction.
Financially, the property has shown a stable market presence. As of September 2021, the government's capital value (CV) assessment stood at $410,000. This valuation aligns closely with its latest sale price in April 2022, which also was $410,000, indicating a consistent market value. The HouGarden automated valuation model (AVM) slightly underestimates the property's worth at $402,500, yet this figure still reflects the property's strong investment potential.
While specific school zoning information is not provided, the property's location in Queenstown Lakes suggests access to reputable educational institutions, ensuring a balanced lifestyle of tranquility and convenience for future residents. The property's appeal is further enhanced by its potential for creating a personalized living space in one of New Zealand's most picturesque regions.