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Sold: $1,400,000

Sold on 2024 Year 2024 Month 04 Day 04

Tekapo-Twizel Road, Twizel, Mackenzie

1
2008000m2

Nestled on the Tekapo-Twizel Road in the picturesque Mackenzie region lies a unique pastoral property with a Freehold title. This idyllic grazing land spans an impressive 2,008,000 square meters, though the specifics of the building such as the number of bedrooms, floor area, and roof and wall construction remain a mystery. The property boasts a level contour and includes a single bathroom. While the details of the exterior walls and roof condition are not available, the property's capital value has seen an extraordinary increase from $325,000 in October 2020 to $1,090,000 as of July 2023, marking a growth of 236%. The latest sale records indicate a sale price of $1,400,000 on April 4, 2024, and a previous sale at $280,000 on September 28, 2018. HouGarden AVM estimates the property's value at $1,057,500.

For families with educational considerations, the property falls within the zones of both Craighead Diocesan School, a Secondary school with a decile rating of 9, and Roncalli College, also a Secondary school with a decile rating of 7.

Updated on May 02, 2024

Council Data

Last update : 2024 06 12
Improvement value$20,000Increased by 33% from year 2020
Land value$1,070,000Increased by 245% from year 2020
CV(Year 2023 Month 07)$1,090,000Increased by 235% from year 2020
View typeFocal Point Of view - Other
ContourLevel
Land area2008000m²
Title824635
Type of titleFreehold
Legal descriptionLOT 2 DP 521348
CouncilMackenzie
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 521348
ConstructionExternal Walls: Unknown Roof: Unknown
ConditionExternal Walls: Unknown Roof: Unknown
ZoningRural

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Craighead Diocesan School
90.57 km
Mittelschule
7-15
Öffentliche Schule
Mädchenschule
EQI: 405
9
Roncalli College
92.53 km
Mittelschule
9-15
Öffentliche Schule
Koedukativ
EQI: 447
7

Property history

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For developers

Unitary plan:Rural
Land:2008000m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
Lot 1/19 Old Glen Lyon Road
6.18 km
-m2
Year 2024 Month 02 Day 15
$490,000
Council approved
Lot 2/19 Old Glen Lyon Road
6.18 km
-m2
Year 2024 Month 02 Day 09
$500,000
Council approved
6.26 km
0m2
Year 2024 Month 01 Day 30
$440,000
Council approved
6.17 km
1
1
15m2
Year 2024 Month 01 Day 25
$490,000
Council approved
A/9 North West Arch
6.61 km
4
2
250m2
Year 2023 Month 12 Day 21
$1,240,000
Council approved

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