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8 Mcgibbon Lane, Jacks Point, Queenstown Lakes, 3 Bedrooms, 0 Bathrooms, House

Sold: $1,105,000

Sold on 2024 Year 2024 Month 08 Day 18

8 Mcgibbon Lane, Jacks Point, Queenstown Lakes

3
112m2
136m2

Nestled in the serene Jacks Point of Queenstown Lakes, this 3-bedroom, 1-carpark home at 8 Mcgibbon Lane is a prime example of modern living. Constructed with a mix of robust materials for the walls and iron for the roof, this freehold property is only two years young, boasting a well-maintained exterior and level contours. It's an easy-care residence with two heat pumps, double glazing, and a low maintenance courtyard that opens up to views of the Remarkables and the nearby reserve. The interior is graced with an open plan living area, three double bedrooms with large wardrobes, and underfloor heating in both bathrooms, complete with included appliances.

As for its financials, the property has seen a remarkable CV increase of 440% from $200,000 in July 2017 to $1,080,000 as of September 2021. The HouGarden AVM estimates it at $1,087,500, while the latest sales were recorded at $1,105,000 in August 2024 and $723,415 in January 2020. This indicates a strong capital value growth and a sought-after location.

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, and Te Kura Whakatipu o Kawarau, a full primary school. It's not just a home; it's an investment in a lifestyle with easy access to schools, golf courses, and cafes.

Updated on October 02, 2024

Council Data

Last update : 2025 01 22
Improvement value$720,000
Land value$360,000Increased by 80% from year 2017
CV(Year 2021 Month 09)$1,080,000Increased by 440% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourLevel
Land area136m²
Floor area112m²
Decade of construction2022
Title1001084
Type of titleFreehold
Legal descriptionLOT 69 DP 558295
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 69 DEPOSITED PLAN 558295,136m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResort Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Kura Whakatipu o Kawarau
0.67 km
Primary
1-8
Government
Co-Educational
-
-
St Joseph's School (Queenstown)
7.76 km
Primary
1-8
Government
Co-Educational
EQI: 389
10

Property history

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For developers

Unitary plan:Resort Zone
Land:136m²
Title:Freehold

Surrounding facilities

McGibbon Lane Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.22 km
0m2
Year 2024 Month 09 Day 25
$580,000
Council approved
0.17 km
0m2
Year 2024 Month 09 Day 19
$370,000
Council approved
11 Mulholland Drive, Jacks Point
0.14 km
3
188m2
Year 2024 Month 09 Day 18
$1,530,000
Council approved
0.25 km
0m2
Year 2024 Month 09 Day 13
$370,000
Council approved
0.15 km
0m2
Year 2024 Month 09 Day 06
$520,000
Council approved

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