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38 Lakefront Terrace, Bendigo Hills, Cromwell, Central Otago, Otago, 0 Bedrooms, 0 Bathrooms, Lifestyle Section

$1,480,000

38 Lakefront Terrace, Bendigo Hills, Cromwell, Central Otago, Otago

340000m2
Lifestyle SectionListed on Thu Sep 30
school zone

Cromwell Lakefront Terrace, Bendigo Hills

Premium land and location. Properties such as this 34ha (approx) of land parcel situated in the foothills of Bendigo hills, Central Otago are limited. The site is suitable for 6-8ha approx. of horticulture/viticulture, the region is famous for its stone fruits and vineyards—a perfect location for your own wine-tasting venue. A generous 1600sqm building platform makes this a priority to view and consider. Build your dream home to capture the magnificent views. It is situated on the eastern side of Lake Dunstan and overlooks the mountainous Pisa Range.

Bendigo and the region are steeped in history. Not only does the landscape remain untouched, but you can experience glimpses of the past with the towns of Cromwell (approx. ten minutes' drive) and Clyde (approx. thirty minutes' drive) having original buildings from the Gold Rush area. All modern conveniences are abundant, with premium shopping and dining throughout the region, including Queenstown, Arrowtown, and Wanaka.

We are available for viewings at any time, so please call to arrange.

Price is plus GST (if any).

Location

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Council Data

Last update : 2025 01 22
Improvement value$10,000Reduced by 0% from year 2019
Land value$1,350,000Increased by 260% from year 2019
CV(Year 2022 Month 10)$1,360,000Increased by 253% from year 2019
View typeFocal Point Of view - Water
ContourSteep rise
Land area340167m²
Title770460
Type of titleFreehold
Legal descriptionLOTS 4, 41 DP 490970
CouncilOtago
Estate descriptionFSIM,1/1,LOT 4, 41 DEPOSITED PLAN 490970
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Cromwell Primary School
11.88 km
Primary
1-6
Government
Co-Educational
EQI: 422
9

Property history

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Surrounding facilities

Lakefront Terrace Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
25 Ethereal Crescent
3.42 km
4
3
321m2
Year 2024 Month 11 Day 12
-
Council approved
3.21 km
2
1
60m2
Year 2024 Month 11 Day 08
-
Council approved
3.21 km
2
1
60m2
Year 2024 Month 10 Day 31
$835,000
Council approved
3.20 km
0m2
Year 2024 Month 10 Day 10
$520,000
Council approved
51 Missy Crescent, Cromwell
3.42 km
4
2
205m2
Year 2024 Month 08 Day 26
$1,300,000
Council approved

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Ref:4521012Last update:2024-09-17 09:11:15