Nestled in the serene Jacks Point, this residential vacant lot at 14 Mcadam Drive boasts a prime freehold status, sitting on a level 800sqm of land. With unknown specifics in terms of wall and roof construction, this property presents a clean slate for your dream home. The site offers an eight-meter height limit, promising unobstructed, panoramic views and all-day sun. Notably, it's located within a stone's throw from the Clubhouse and future Jack's Point Village amenities, ensuring an enviable lifestyle.
Since the latest sale in 2015 at $258,000, the property has seen a significant jump in value. As of September 2021, the government has valued it at $820,000, indicating a 105% increase from its $400,000 valuation in July 2017. HouGarden AVM estimates the property's worth at $815,000, making it an attractive investment opportunity with a clear capital value growth trajectory.
For families with school-aged children, the property falls within the zone of St Joseph's School, a full primary with a decile rating of 10. Additionally, Te Kura Whakatipu o Kawarau, also a full primary, is an available option. This combination of quality education and prime location makes this property a rare find.
Updated on November 08, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 4 | 3 | 301m2 | Year 2024 Month 10 Day 23 | $2,390,000 | Council approved | |
 | 0.29 km | 3 | 218m2 | Year 2024 Month 09 Day 05 | $1,935,000 | Council approved | ||
0.28 km | 3 | 208m2 | Year 2024 Month 08 Day 30 | $1,910,000 | Council approved | |||
 | 0.07 km | 4 | 2 | 208m2 | Year 2024 Month 07 Day 13 | $1,850,000 | Council approved | |
 | 0.08 km | 299m2 | Year 2024 Month 06 Day 26 | $3,300,000 | Council approved |