Positioned in the serene town of Glenorchy, at 7 Woodley Place, lies a vacant residential section on 1033m² of flat, usable land under the freehold title. This prime piece of real estate offers an undefined canvas for your dream home construction, set against the picturesque backdrop of Queenstown Lakes. The property boasts an unknown roof and wall construction, yet promises a simplified building process given the level contour of the land. It's a nature enthusiast's haven with convenient access to local amenities and the nearby Glenorchy Primary School.
Since 2017, the capital value has seen a significant increase of 40.38%, jumping from $260,000 to the current $365,000. The HouGarden AVM estimates the property's worth at $340,000, while the latest sale in 2016 was recorded at $215,000. This steady growth presents a promising investment opportunity in a sought-after location.
For families with education in mind, this property falls within a desirable school zone. Glenorchy Primary School's decile rating and the close proximity to other educational facilities make this an ideal choice for those with children. Embrace the chance to build your dream home in a location that offers both tranquility and access to quality education.
Updated on May 07, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.08 km | 3 | 2 | 124m2 | Year 2024 Month 10 Day 11 | - | Council approved | |
0.47 km | 0m2 | Year 2024 Month 10 Day 02 | $420,000 | Council approved | ||||
0.55 km | 0m2 | Year 2024 Month 09 Day 13 | $550,000 | Council approved | ||||
 | 0.61 km | 2 | 1 | 90m2 | Year 2024 Month 06 Day 24 | $600,000 | Council approved | |
 | 0.54 km | 0m2 | Year 2024 Month 06 Day 21 | $460,000 | Council approved |