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37 Bluff Lane, Gibbston, Queenstown Lakes, 0 Bedrooms, 0 Bathrooms, Lifestyle Property

Sold: $3,600,000

Sold on 2024 Year 2024 Month 01 Day 07

37 Bluff Lane, Gibbston, Queenstown Lakes

326m2
10548m2

Nestled in the serene landscapes of Gibbston, Queenstown Lakes, the property at 37 Bluff Lane is a testament to historical elegance and modern convenience. This lifestyle-improved property, with its freehold ownership, spans across a generous land area of 10,548 square meters and boasts a floor area of 326 square meters. The grand villa, dating back to 1900, features wood wall construction and an iron roof, both in good condition, complemented by an easy/moderate rise contour. It accommodates two carparks, ensuring ample space for vehicles.

The property's capital value has seen a significant increase, from $2,070,000 in July 2017 to $2,820,000 in September 2021, marking a 36.23% growth. The latest sale records highlight its escalating value, with a sale in January 2024 fetching $3,600,000, up from $2,141,250 in February 2018. The HouGarden AVM estimates its value at $2,700,000, underscoring the property's desirability and investment potential.

Education is paramount, and residing within the Arrowtown School zone ensures access to top-tier education, with the school boasting a decile rating of 10. This full primary school is renowned for its quality, providing an excellent foundation for young residents. The property's rich history, combined with its strategic location and educational opportunities, makes it an unparalleled choice for discerning buyers.

Updated on April 06, 2024.

Council Data

Last update : 2024 12 11
Improvement value$1,870,000Increased by 17% from year 2017
Land value$950,000Increased by 100% from year 2017
CV(Year 2021 Month 09)$2,820,000Increased by 36% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourEasy/Moderate rise
Land area10548m²
Floor area326m²
Decade of construction1900
Title400983
Type of titleFreehold
Legal descriptionLOT 5 DP 400629
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 5 DEPOSITED PLAN 400629
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningGibbston Character Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Arrowtown School
15.39 km
Primary
1-8
Government
Co-Educational
EQI: 391
10

Property history

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For developers

Unitary plan:Gibbston Character Zone
Land:10548m²
Title:Freehold

Bluff Lane Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.17 km
4
229m2
Year 2024 Month 11 Day 07
$1,600,000
Council approved
12.68 km
3
140m2
Year 2024 Month 08 Day 26
$1,100,000
Council approved
50 Lynn Lane, Bannockburn
0.13 km
4
263m2
Year 2024 Month 08 Day 22
$1,900,000
Council approved
0.24 km
3
174m2
Year 2024 Month 08 Day 14
$1,150,000
Council approved
90 Felton Road, Bannockburn
1.03 km
3
161m2
Year 2024 Month 08 Day 01
$2,035,000
Council approved

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