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McArthur Road, Alexandra, Central Otago, Otago, 0 Bedrooms, 0 Bathrooms, Lifestyle Section

$635,000

McArthur Road, Alexandra, Central Otago, Otago

88000m2
Lifestyle SectionListed on Wed Nov 6
Near New

Alexandra McArthur Road Lifestyle

Two bare land blocks have been brought to the market in the popular McArthur Road lifestyle area of Springvale, only 10 minutes' drive to Alexandra and Clyde. Both blocks are 8.8ha and have approved building platforms, located at the Northern end of the blocks allowing uninterrupted development of the balance of the land.

With a generous irrigation quota of 5 litres/second delivered under pressure to boundary these blocks have potential for viticulture, horticulture or pasture/lucerne development.

Fully serviced with 1500 litre/day domestic water supply and power to the boundary these blocks are ready to build on.

These blocks present an opportunity for a quiet and peaceful lifestyle, with outstanding views of the regions mountain ranges and only an hour from Queenstown airport.

$635,000 per Lot

Location

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Council Data

Last update : 2024 12 11
Improvement value$270,000Reduced by -23% from year 2019
Land value$530,000Increased by 221% from year 2019
CV(Year 2022 Month 10)$800,000Increased by 53% from year 2019
Land area82590m²
Title101125
Type of titleFreehold
Legal descriptionLOT 40 DP 325098
CouncilOtago
Estate descriptionFSIM,1/1,LOT 40 DEPOSITED PLAN 325098
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Clyde School
6.29 km
Primary
1-8
Government
Co-Educational
EQI: 421
9

Property history

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For developers

Unitary plan:-
Land:88000m²
Title:Freehold

McArthur Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
1.58 km
0m2
Year 2024 Month 10 Day 09
$700,000
Council approved
0.65 km
0m2
Year 2024 Month 08 Day 12
$321,640
Council approved
288 Letts Gully Road, Alexandra
3.33 km
3
190m2
Year 2024 Month 08 Day 02
$1,290,000
Council approved
111 O'Neill Lane, Alexandra
3.64 km
3
2
147m2
Year 2024 Month 08 Day 02
-
Council approved
0.88 km
0m2
Year 2024 Month 07 Day 17
$515,000
Council approved

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Ref:ALE40585Last update:2024-11-11 10:01:01