Nestled on the serene Magpie Place in Lake Hawea, this beautiful section boasts a prime location on a quiet cul-de-sac, mere minutes from the lakefront and a short 15-minute drive to Wanaka. Spread over 801m2 of level land with a favorable north aspect, it offers stunning views of Mt Maude and Breast Hill, making it an ideal site for your dream home. The property is held under the freehold tenure, providing full control and ownership. With an unknown roof and wall construction, this vacant residential plot presents a clean slate for your architectural vision. Notably, the capital value has seen an impressive increase of 85.42% from $240,000 in July 2017 to $445,000 as of September 2021.
Additionally, the property has a HouGarden AVM of $432,500 and a recent sale history with a transaction of $510,000 in June 2024, following a previous sale of $249,000 in December 2017. The asking price of $530,000 is open to negotiation. Moreover, the nearby Hawea Flat School is a contributing school with a decile rating of 10, reflecting a high-quality educational institution within the area.
With a prime location, significant capital value growth, and a top-rated school in the zone, this section on Magpie Place is a golden opportunity for any buyer looking to secure their dream property in the Queenstown Lakes district.
Updated on August 01, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.44 km | 0 | 0 | 0m2 | Year 2024 Month 11 Day 06 | - | Council approved | ||
0.44 km | 0m2 | Year 2024 Month 10 Day 27 | $600,000 | Council approved | ||||
 | 0.28 km | 3 | 150m2 | Year 2024 Month 10 Day 02 | $1,100,000 | Council approved | ||
 | 0.10 km | 3 | 150m2 | Year 2024 Month 09 Day 10 | $1,069,000 | Council approved | ||
 | 0.38 km | 4 | 147m2 | Year 2024 Month 08 Day 19 | $1,350,000 | Council approved |