69 Nichol Street, Lake Hawea, Queenstown Lakes

Embrace the tranquility of this idyllic Lake Hawea residence, nestled in a peaceful cul-de-sac at 69 Nichol Street. This freehold property, built in 2006 with mixed materials and an iron roof, presents a spacious floor area of 217sqm on a level 800sqm section. It boasts 5 bedrooms, 2 car parks, and is complemented by a wood burner and a heat pump for year-round comfort. The government's capital value has seen a substantial increase from $640,000 in July 2017 to $1,000,000 as of September 2021, reflecting a growth rate of 56.25%. The property's HouGarden AVM stands at $1,005,000, with the latest sale recorded at $1,100,000 in July 2024, and a previous sale in December 2006 at $370,000.

For families, the property falls within the highly rated Hawea Flat School zone, a contributing school with a decile rating of 10. The thoughtful design of the home includes a separate guest suite, which could be a potential source of income or a private space for visiting relatives. The master bedroom is a luxurious retreat with an ensuite and walk-in wardrobe, while each bedroom has built-in wardrobes and sliding doors for easy access to the outdoors.

Located in an area that offers both the serenity of lakeside living and convenient access to amenities, this property presents a golden opportunity for those seeking a home with income potential, all within a stone's throw from water activities and just a 20-minute drive to Wanaka township.

Updated on September 18, 2024