29/10 Enterprise Drive, Wanaka, Queenstown Lakes

Nestled in the heart of Wanaka, Queenstown Lakes, the property at 29/10 Enterprise Drive is a prime example of modern industrial architecture. This light manufacturing unit, built in 2021, boasts a floor area of 30 square meters. Despite having no bedrooms, it features one bathroom and does not include car parking facilities. The unit is characterized by its concrete walls and iron roof, both in good condition, underlining the property's durability and quality. Ownership is defined as Unit Title, offering a unique investment opportunity in a sought-after location.

The property's capital value has seen a significant increase, from $87,000 in July 2017 to $147,000 in September 2021, marking a 68.97% growth. This upward trend is further evidenced by its latest sale price of $195,000 in February 2024, a substantial rise from its previous sale at $148,000 in April 2021. The HouGarden AVM estimates the property's value at $142,500, indicating a strong market presence and investment potential.

Education is a cornerstone of the Wanaka community, and this property falls within the zone for Te Kura O Take Karara, a contributing school with a top decile rating of 10. This ensures access to high-quality education, making it an ideal location for professionals and families alike.

Updated on April 04, 2024.