71 Farrant Drive, Wanaka, Queenstown Lakes

Nestled at 71 Farrant Drive, Wanaka, in the serene Queenstown Lakes, stands a remarkable 3-bedroom, 2-carpark home with an impressive government valuation of $1,340,000 as of September 2021. This freehold property, built in 2021 with a mix of materials for the walls and iron for the roof, is in a prime condition, both inside and out. The residence boasts a floor area of 179 square meters on a levelled 412 square meter section, offering a spacious layout and sun-drenched living spaces thanks to its north-facing orientation. The highlights include modern comforts like a ducted heating system and stunning, uninterrupted lake and mountain views.

Since July 2017, the property has seen a remarkable CV increase of 55.81%, reflecting its growing value. The HouGarden AVM estimates the property's worth at $1,245,000, while the latest sale in May 2019 was for $375,000, indicating a significant appreciation. This is a clear indicator of a solid investment opportunity in a highly sought-after location.

For families with children, the property falls within the zone of the highly rated Wanaka Primary School, a contributing school with a decile rating of 10. Whether you seek a family home, a holiday retreat, or an investment, this property, with its forever views on Farrant, presents an opportunity not to be missed.

Updated on July 04, 2024