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Sold: $2,950,000

Sold on 2024 Year 2024 Month 11 Day 11

4 Grand Terrace Square, Arrowtown, Queenstown Lakes

2570m2

Nestled in the serene locale of 4 Grand Terrace Square, Arrowtown, Queenstown Lakes, this residential vacant land boasts a freehold title, offering a promising investment opportunity. With an extensive land area of 2570 square meters, the property features an easy to moderate rise contour, though the specifics of the wall and roof construction remain unknown. The mystery adds an allure of potential for this prime piece of real estate.

As per the latest valuation records, the capital value has seen a significant leap, with the property being valued at $2,510,000 as of September 2021. The HouGarden AVM estimates the value at $2,295,000, while the latest sale on November 11, 2024, fetched an impressive $2,950,000, indicating a substantial growth percentage in capital value.

For families with educational considerations, both Arrowtown School and St. Joseph's School in Queenstown are full primary schools with a decile rating of 10, ensuring top-notch education within the zone.

Updated on December 18, 2024

Council Data

Last update : 2024 12 18
View typeFocal Point Of view - Other
ContourEasy/Moderate rise
Land area2570m²
Title1024118
Type of titleFreehold
Legal descriptionLOT 3 DP 551317
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 3 DEPOSITED PLAN 551317,2570m2
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Arrowtown School
3.95 km
Primary
1-8
Government
Co-Educational
EQI: 391
10
St Joseph's School (Queenstown)
13.15 km
Primary
1-8
Government
Co-Educational
EQI: 389
10

Property history

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For developers

Unitary plan:-
Land:2570m²
Title:Freehold

Grand Terrace Square Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.15 km
4
211m2
Year 2024 Month 11 Day 08
$5,400,000
Council approved
0.83 km
3
257m2
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27 Central Park Avenue, Dalefield/Wakatipu Basin
1.12 km
0m2
Year 2024 Month 08 Day 06
$1,900,250
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416 Speargrass Flat Road, Dalefield/Wakatipu Basin
1.32 km
5
3
279m2
Year 2024 Month 07 Day 02
$4,000,000
Council approved
448 Speargrass Flat Road, Dalefield/Wakatipu Basin
1.94 km
4
2
432m2
Year 2024 Month 06 Day 24
-
Council approved

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