6 Tuatara Rise, Wanaka, Queenstown Lakes

Nestled at 6 Tuatara Rise, Wanaka, within the serene Queenstown Lakes, this residential vacant land boasts a freehold title. With a level contour and an area of 947 sqm, it offers the potential to build with stunning lake views, given its elevated position that permits structures up to 7 meters tall. The property's unknown wall and roof construction add a layer of mystery to this promising investment. Currently valued at $780,000 according to the government's capital value assessment as of September 2021, this piece of land has seen a recent sale across the street for $1,100,000, indicating a significant growth potential. It resides in a quiet cul-de-sac, providing privacy and tranquility, with easy access to nearby walking and cycling tracks.

History shows a consistent rise in the property's value, with the HouGarden AVM estimating it at $715,000. The capital value has shown a substantial increase over the years, making it an attractive prospect for investors. The site was one of the first to be sold in the subdivision, a testament to its appeal, with the promise of breathtaking lake views from both levels.

For families, the school zone is a crucial factor. This property falls within a highly rated decile, ensuring access to quality education. Its proximity to well-regarded schools adds to the appeal, making it an ideal choice for those seeking a balanced lifestyle with both nature and educational amenities at their doorstep.

Updated on December 04, 2024