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Sold: Sold price unknown

Sold on 2024 Year 2024 Month 09 Day 13

370 Lower Shotover Road, Speargrass Flat, Queenstown Lakes

4
250m2
24036m2

Nestled in the tranquility of a quiet cul-de-sac at 370 Lower Shotover Road, Speargrass Flat, Queenstown Lakes, this freehold property is a perfect blend of lifestyle and comfort. Constructed in 1990 with wood walls and an iron roof, both in good condition, the residence boasts 4 bedrooms, a generous floor area of 250 square meters, and a vast land area of 24,036 square meters. It includes 3 car parks, embodying an improved lifestyle category.

Since 2017, the capital value has seen a remarkable increase of 40.36%, from $2,800,000 to the current $3,930,000 as of September 2021. The HouGarden AVM estimates the property's worth at $3,775,000, while the latest sale record dates back to December 2002 at $1,460,000, indicating a steady growth in value over the years.

For families with children, the property falls within the zone of two highly rated schools - St Joseph's School and Shotover Primary School, both decile 10 full primary schools, ensuring a quality education for young learners.

Updated on October 25, 2024

Council Data

Last update : 2024 12 11
Improvement value$1,330,000Increased by 40% from year 2017
Land value$2,600,000Increased by 40% from year 2017
CV(Year 2021 Month 09)$3,930,000Increased by 40% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourLevel
Land area24036m²
Floor area250m²
Decade of construction1990
Title299113
Type of titleFreehold
Legal descriptionLOT 1 DP 374111 LOT 1 DP 21262
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 374111 AND LOT 1 DEPOSITED PLAN 21262
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningRural General Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Shotover Primary School
4.11 km
Primary
1-8
Government
Co-Educational
EQI: 392
10
St Joseph's School (Queenstown)
10.28 km
Primary
1-8
Government
Co-Educational
EQI: 389
10

Property history

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For developers

Unitary plan:Rural General Zone
Land:24036m²
Title:Freehold

Surrounding facilities

Lower Shotover Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
3 Abbottswood Lane, Lower Shotover
2.34 km
4
3
215m2
Year 2024 Month 11 Day 15
$1,880,000
Council approved
8 Abbottswood Lane, Lower Shotover
2.38 km
4
2
228m2
Year 2024 Month 09 Day 25
$1,610,000
Council approved
9 Sledmere Drive, Lower Shotover
2.21 km
4
2
320m2
Year 2024 Month 08 Day 08
-
Council approved
416 Speargrass Flat Road, Dalefield/Wakatipu Basin
1.35 km
5
3
279m2
Year 2024 Month 07 Day 02
$4,000,000
Council approved
448 Speargrass Flat Road, Dalefield/Wakatipu Basin
0.97 km
4
2
432m2
Year 2024 Month 06 Day 24
-
Council approved

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