3 Waddell Street, Lake Hawea, Queenstown Lakes

Nestled at 3 Waddell Street in the serene Lake Hawea, Queenstown Lakes, this residential dwelling is a charming freehold property. It boasts 3 bedrooms, a single carpark, and a floor area of 122 square meters on a level plot of 365 square meters. The exterior walls, crafted from mixed materials, are in good condition, as is the iron roof. As of September 2021, the capital value stands at $720,000, reflecting a promising investment in a rapidly appreciating property market.

History shows a consistent rise in value, with the latest sale on May 2, 2024, fetching $414,000. The HouGarden AVM estimates the property's worth at $300,000, a figure that underscores the potential for further growth. The capital value has seen a significant increase over the years, making this property an attractive prospect for investors.

For families with children, the property falls within the zone of the highly rated Hawea Flat School, a contributing school with a decile rating of 10. This indicates an excellent educational opportunity for young ones in a community that values quality education.

Updated on May 29, 2024