This modern home at 21 Andrew Don Drive, Lake Tekapo, Mackenzie, is a residential dwelling built in 2019, featuring a mix of materials for the walls and an iron roof, both in good condition. The property spans a floor area of 196 square meters on a 740 square meter freehold land, boasting a level contour. It includes 5 bedrooms, a spacious living area, and 2 carparks, making it an ideal investment in the scenic Lake Tekapo area. The property is well-suited for both visitor accommodation and permanent living, offering a unique opportunity for income generation.
The government's capital value of the property has seen a steady increase, from $1,200,000 in October 2020 to $1,260,000 by July 2023, marking a 5% growth. The latest sale recorded on February 2, 2024, was at $1,130,000, showing a significant appreciation from its previous sale at $330,000 on May 17, 2017. The HouGarden AVM estimates the property's value at $1,205,000, highlighting its investment potential.
Located in a sought-after school zone, the property is zoned for Craighead Diocesan School and Roncalli College, both highly regarded institutions with decile ratings of 9 and 7, respectively. This enhances the property's appeal to families looking for quality education options.
Updated on April 05, 2024.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.43 km | 5 | 190m2 | Year 2024 Month 10 Day 29 | $1,200,000 | Council approved | ||
 | 72.28 km | 3 | 2 | 160m2 | Year 2024 Month 10 Day 25 | - | Council approved | |
 | 0.46 km | 6 | 120m2 | Year 2024 Month 10 Day 11 | $1,000,000 | Council approved | ||
 | 72.67 km | 3 | 3 | 260m2 | Year 2024 Month 10 Day 01 | - | Council approved | |
 | 0.82 km | 0m2 | Year 2024 Month 08 Day 01 | $435,000 | Council approved |