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Sold: $1,565,000

Sold on 2024 Year 2024 Month 12 Day 06

32 Grain Close, Jacks Point, Queenstown Lakes

4
206m2
448m2

Nestled in the serene landscapes of Jacks Point, Queenstown Lakes, this vacant residential property at Kingston Road offers a blank canvas for dream home builders. With a generous land area of 448 square meters, the property is a freehold (full ownership) land, ensuring long-term security and freedom for its owners. The property's specifics regarding the number of bedrooms, bathrooms, and floor area are yet to be defined, offering flexibility in design. Despite the absence of a built structure, the property's potential is evident, with no existing carparks, and both the wall and roof constructions, along with their conditions, remain unknown, highlighting the property's untouched nature. The contour of the land is level, making it an ideal site for construction.

Financially, the property has shown a stable market presence. As of September 2021, the government's capital value (CV) assessment stood at $410,000. This valuation aligns closely with its latest sale price in April 2022, which also was $410,000, indicating a consistent market value. The HouGarden automated valuation model (AVM) slightly underestimates the property's worth at $402,500, yet this figure still reflects the property's strong investment potential.

While specific school zoning information is not provided, the property's location in Queenstown Lakes suggests access to reputable educational institutions, ensuring a balanced lifestyle of tranquility and convenience for future residents. The property's appeal is further enhanced by its potential for creating a personalized living space in one of New Zealand's most picturesque regions.

Council Data

Last update : 2025 03 05
Improvement value$950,000
Land value$410,000
CV(Year 2021 Month 09)$1,360,000
View typeFocal Point Of view - Other
ContourLevel
Land area448m²
Floor area206m²
Decade of construction2024
Title1138723
Type of titleFreehold
Legal descriptionLOT 5425 DP 592526
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 5425 DEPOSITED PLAN 592526,448m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

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School zones

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

Property history

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For developers

Unitary plan:-
Land:448m²
Title:Freehold

Surrounding facilities

Kingston Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
61 Drysdale Road, Jacks Point
0.19 km
3
2
192m2
Year 2025 Month 02 Day 21
-
Council approved
27 Grain Close, Jacks Point
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5
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Year 2024 Month 12 Day 12
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16 Southdown Road, Jacks Point
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6
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Year 2024 Month 11 Day 15
$2,372,000
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57 Drysdale Road, Jacks Point
0.13 km
4
196m2
Year 2024 Month 11 Day 11
$1,568,888
Council approved
0.21 km
5
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Year 2024 Month 10 Day 24
$1,670,000
Council approved

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