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Sold: $1,690,000

Sold on 2024 Year 2024 Month 11 Day 25

40 Kernel Loop, Jacks Point, Queenstown Lakes

5
244m2
463m2

Located on Kingston Road in the serene Jacks Point area of Queenstown Lakes, this vacant residential property offers a peaceful retreat with its 463 square meters of level land. The property, which boasts a freehold ownership type, is a blank canvas for potential homeowners or investors looking to build their dream home in a picturesque setting. Despite the lack of detailed information on the building's age, roof, and wall construction and condition, the property's prime location and land size present a unique opportunity.

The property's capital value as of September 2021 was $400,000, with a HouGarden AVM estimate slightly lower at $392,500. The most recent sale, recorded on December 20, 2021, saw the property change hands for $385,000. This indicates a stable market value, with a slight fluctuation in the property's estimated and actual sale prices.

While specific school zoning information is not provided, the property's location in Queenstown Lakes suggests access to reputable schools in the area. Potential buyers with families will find this aspect particularly appealing, as the region is known for its high-quality educational institutions.

Council Data

Last update : 2025 01 29
Improvement value$1,080,000
Land value$400,000
CV(Year 2021 Month 09)$1,480,000
View typeFocal Point Of view - Other
ContourLevel
Land area463m²
Floor area244m²
Decade of construction2020
Title1138691
Type of titleFreehold
Legal descriptionLOT 5388 DP 592526
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 5388 DEPOSITED PLAN 592526,464m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Kura Whakatipu o Kawarau
0.81 km
Primary
1-8
Government
Co-Educational
-
-
Wakatipu High School
3.93 km
Secondary
9-15
Government
Co-Educational
EQI: 412
10
Remarkables Primary School
4.32 km
Primary
1-8
Government
Co-Educational
EQI: 399
10
Kingsview School
4.97 km
Primary
1-8
Government
Co-Educational
EQI: 396
10

Property history

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For developers

Unitary plan:-
Land:463m²
Title:Freehold

Kingston Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
57 Drysdale Road, Jacks Point
0.21 km
4
196m2
Year 2024 Month 11 Day 11
$1,568,888
Council approved
18 Kernel Loop, Jacks Point
0.05 km
3
213m2
Year 2024 Month 11 Day 01
$1,690,000
Council approved
13 Till Street, Jacks Point
0.21 km
4
2
175m2
Year 2024 Month 10 Day 25
-
Council approved
19 Till Street, Jacks Point
0.18 km
6
259m2
Year 2024 Month 09 Day 25
$1,715,000
Council approved
26 Drysdale Road, Jacks Point
0.15 km
5
217m2
Year 2024 Month 08 Day 23
$1,660,000
Council approved

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