97 Burdon Loop, Lake Hawea, Queenstown Lakes

Nestled in the serene Lake Hawea area of Queenstown Lakes, 97 Burden Loop stands as a prime residential vacant lot on freehold land, offering a leveled property contour. While specific details about the number of bedrooms, bathrooms, and floor area are not available, the site boasts a generous land area of 417 square meters. The construction details of the walls and roof remain unknown, but this only adds to the potential for customization. With an initial capital value set at $365,000 as of September 2021, this property presents a promising investment opportunity.

Reflecting its growing value, the property has seen a significant increase in its latest sale price, jumping from $312,174 in October 2021 to $937,000 in July 2024. HouGarden AVM estimates the property's worth at $357,500, hinting at a possible undervaluation in the market. The capital value growth percentage is a testament to the area's desirability and investment potential.

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 the family, adding further value to this choice property in a quiet cul-de-sac.

Updated on August 28, 2024