25 Jack Hanley Drive, Jacks Point, Queenstown Lakes

Nestled at 25 Jack Hanley Drive, Jacks Point, Queenstown Lakes, this Freehold property is a prime example of Commercial - Retail use. Constructed with Iron for both the walls and roof, this 162sqm floor area property is set on a level 1043sqm land. The building, which is in a good condition, is estimated to be from the year 2024. It boasts a single carpark and is valued at $1,530,000 as per the latest government valuation in September 2021. The property's capital value has seen a significant increase, as evidenced by the latest sale on August 6, 2024, for $1,970,000. The HouGarden AVM estimates the property's value at $1,537,500, reflecting a promising investment opportunity.

Regarding the government valuations, the property has shown a consistent growth trajectory. The latest sale price indicates a notable percentage increase in the capital value. This is a clear indicator of the property's escalating worth in the market.

For families with children, the property falls within the zone of St Joseph's School (Queenstown), a Full Primary school with a decile rating of 10. Additionally, Te Kura Whakatipu o Kawarau, also a Full Primary, is another educational option in the area.

Updated on September 18, 2024