16 Clearview Street, Wanaka, Queenstown Lakes

Nestled at 16 Clearview Street in the serene Wanaka, Queenstown Lakes, this residential vacant land boasts a freehold title. The flat, 400sqm section is elevated, offering panoramic mountain vistas from Mt Roy to Treble Cone. While the specifics of the wall and roof construction remain unknown, the property's potential is undeniable. Its strategic location, close to highly rated schools, makes it an ideal investment. This property has seen a significant jump in its capital value, from $350,000 in July 2017 to $530,000 as of September 2021, marking a growth of 51.43%. The HouGarden AVM estimates the property's worth at $520,000, and with the latest sales history showing a sale in January 2021 for $425,000 and another in June 2019 for $331,758, the opportunity is clear.

Wanaka Primary School, a contributing school with a decile rating of 10, is in the zone, ensuring top-notch education for the family. The vendor is motivated to sell, and with such a gem in short supply, it's a chance not to be missed.

Updated on August 23, 2024