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5 Lake McKay Drive, Luggate, Otago, 0 Bedrooms, 0 Bathrooms, Section

$570,000

5 Lake McKay Drive, Luggate, Otago

1080m2
SectionListed on Mon Dec 11

Luggate Large family sized section available NOW

Situated in the scenic Lake McKay subdivision, this particular section offers a unique combination of an elevated position and a flat contour, making it an ideal location to bring your dream home to life. What sets Lot 37 apart from its counterparts is its substantial size of 1080 sqm, accompanied by stylish stone walls at both the front and back, adding an elegant touch and a distinct Central Otago vibe.

Covering 1080 sqm, this section provides abundant space for a family sized home and outdoor activities, ensuring that you'll have room to grow and fully embrace the surrounding environment. The developer is highly motivated to sell as there are only a few sections left in Stage 1, offering you an excellent opportunity to secure a fantastic deal.

Luggate is a rapidly developing area, making it the perfect time to invest before it reaches its full potential. The title for this property is anticipated to be issued by the end of this year. Don't miss out on this chance to make the Lake McKay subdivision your new home.

Location

Council Data

Last update : 2024 07 03
Improvement value
Land value$420,000
CV(Year 2021 Month 09)$420,000
View typeFocal Point Of view - Other
ContourLevel
Land area1088m²
Title1141151
Type of titleFreehold
Legal descriptionLOT 37 DP 591787
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 37 DEPOSITED PLAN 591787,1088m2
ConstructionExternal Walls: Unknown Roof: Unknown
ConditionExternal Walls: Unknown Roof: Unknown

Property history

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For developers

Unitary plan:-
Land:1080m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
29 Alice Burn Drive
6.37 km
4
2
221m2
Year 2024 Month 06 Day 20
$1,143,500
Council approved
0.36 km
2
129m2
Year 2024 Month 03 Day 30
$945,000
Council approved
0.72 km
0m2
Year 2024 Month 03 Day 26
$1,540,000
Council approved
6.20 km
3
142m2
Year 2024 Month 02 Day 29
$960,000
Council approved
0.04 km
0m2
Year 2024 Month 02 Day 17
$520,000
Council approved

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Ref:17EHY5Last update:2024-06-21 10:26:30