Introducing a classic gem at 111 Lakeview Terrace, Lake Hawea, Queenstown Lakes, this residential dwelling is a testament to timeless charm and breathtaking views. With 3 bedrooms and an unspecified number of bathrooms, this property spans a generous floor area of 230 square meters on a steeply rising 926 square meter freehold land. Built in 1982, the house features wood wall construction and an iron roof, both in good condition, ensuring durability and comfort. The property includes 2 carparks, catering to the modern family's needs.
From its initial capital value of $750,000 in July 2017, the property has seen an impressive 83.33% increase to $1,375,000 by September 2021, reflecting its growing appeal and value in the market. The latest sale on November 2, 2023, reached a pinnacle of $1,595,000, significantly above the HouGarden AVM of $1,352,500, showcasing the property's exceptional market performance and desirability. This remarkable growth trajectory underscores the property's investment potential and the allure of its location.
Located within the prestigious decile 10 Hawea Flat School zone, this property promises an excellent educational foundation for children. The school's contributing status highlights the quality of education and community spirit, making this home an ideal choice for families seeking both natural beauty and academic excellence. The proximity to Lake Hawea and Wanaka ensures a lifestyle filled with scenic beauty, outdoor adventures, and serene living, making it a coveted address for discerning buyers.