Nestled on a level plot at 8 Stockyard Lane, Jacks Point, Queenstown Lakes, this residential vacant land boasts a freehold title. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property presents a blank canvas with a land area of 1059 square meters. The construction details of the walls and roof remain unknown, yet the property's potential is undeniable, given its prime location and growth prospects.
Since 2017, the capital value has shown a substantial increase, rising from $500,000 to the current $1,100,000 as of September 2021, indicating a growth rate of 120%. The HouGarden AVM estimates the property's worth at $1,072,500, while the latest sale records from July 2024 and October 2019 reflect transactions of $950,000 and $540,000 respectively, highlighting the consistent appreciation of this asset.
For families with school-aged children, the property falls within the zone of St Joseph's School in Queenstown, a full primary school with a decile rating of 10, indicating a high standard of education. Additionally, Te Kura Whakatipu o Kawarau, also a full primary, offers another educational option, although it is not rated decile-wise.
Updated on August 01, 2024