27/7 Northlake Drive, Wanaka, Queenstown Lakes

Nestled at 27/7 Northlake Drive in the scenic Wanaka, Queenstown Lakes, this commercial retail unit boasts a floor area of 72 square meters. Constructed with a mix of materials for the walls and iron for the roof, this 2023-built property is in a good condition both inside and out. It features 1 bathroom and is under the Unit Title ownership. The property sits on a level contour, enhancing its accessibility and potential for business activities.

As for financials, the government's capital value assessment as of September 2021 stands at $690,000, with a HouGarden AVM estimate of $660,000. The latest sale record from March 4, 2024, indicates a transaction price of $490,169, which may reflect a significant capital value increase over time.

For families or investors looking into the school zone, this property is within the catchment of the highly rated Wanaka Primary School, a contributing school with a decile rating of 10, indicating a high standard of education in the area.

Updated on April 17, 2024