1 Divers Lane, Wanaka, Queenstown Lakes

Nestled on a sun-kissed, north-facing half-acre in the serene Divers Lane, this freehold property boasts a prime location, set away from the main road and a mere stroll to the lakefront. Constructed with robust brick walls and an iron roof in 2000, the building stands in good condition, promising longevity and low maintenance. The 2,007 sqm land, with its easy-to-moderate contour, is currently home to established Chardonnay grapes, offering a unique opportunity to weave your dream home among the vines or start with a blank canvas. The single-level covenant on this and adjacent blocks preserves the panoramic views, including the majestic Mt Aspiring peak, for all residents. This sheltered Wanaka gem is not only known for its all-day sun and tranquility but also for its exceptional underlying land value. With a capital value of $3,530,000 as of September 2021, a significant increase of 46.47% from the 2017 valuation of $2,410,000, and an AVM of $1,554,500, this property presents a sharp price of $1,525,000, offering excellent value for a section of this size so close to both the lake and town.

For the investors and families, the property falls within the highly rated Te Kura O Take Karara school zone, a contributing school with a decile rating of 10. This ensures top-notch education opportunities for the children.

With a reduced list price, this charming half-acre is a golden opportunity not to be missed.

Updated on November 29, 2024