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78 Nursery Road, Queensberry, Otago, 3 Bedrooms, 0 Bathrooms, Lifestyle Property

Sold: $1,700,000

Sold on 2024 Year 2024 Month 05 Day 28

78 Nursery Road, Queensberry, Otago

3
262m2
82636m2

Nestled at the end of a quiet cul-de-sac on 8.26 hectares, 78 Nursery Road, Queensberry, is a freehold property that boasts privacy, tranquility, and stunning mountain views. Constructed in 2004 with wood walls and an iron roof, both in good condition, this 262sqm home features 3 bedrooms, 2 carparks, and is complemented by solar water heating and a large garage/workshop. The property's Capital Value (CV) has seen a growth of 46% from $1,030,000 in September 2019 to $1,500,000 as of October 2022. The HouGarden AVM estimates the property at $1,362,500, while the latest sales were for $1,700,000 in May 2024 and $790,000 in January 2017.

With a decile 10 contributing school, Hawea Flat School, in the zone, this property is not just a home but an investment in education. The Upper Clutha Valley and Southern Alps provide a picturesque backdrop, and the property includes a profitable boutique nursery, a small orchard, and productive pastures, making it suitable for various ventures, from agriculture to eco-tourism.

Set in a Level contour, this property offers numerous living possibilities, making it ideal for an extended family or partnership. Its potential is as vast as the imagination allows, with opportunities for cherry farming, grape cultivation, farm stays, or simply enjoying a serene retreat, all within a 20-minute drive to Cromwell and Wanaka, and an hour from Queenstown International Airport.

Updated on June 12, 2024

Council Data

Last update : 2024 12 11
Improvement value$610,000Increased by 38% from year 2019
Land value$890,000Increased by 50% from year 2019
CV(Year 2022 Month 10)$1,500,000Increased by 45% from year 2019
View typeFocal Point Of view - Other
ContourLevel
Land area82636m²
Floor area262m²
Decade of construction2004
Title148685
Type of titleFreehold
Legal descriptionLOT 14 DP 336256
CouncilOtago
Estate descriptionFSIM,1/1,LOT 14 DEPOSITED PLAN 336256
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Hawea Flat School
16.38 km
Primary
1-6
Government
Co-Educational
EQI: 408
10

Property history

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Unitary plan:-
Land:82636m²
Title:Freehold

Nursery Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
17 Cooper Crescent, Luggate
6.40 km
3
2
204m2
Year 2024 Month 11 Day 25
-
Council approved
41 Totara Place, Queensberry
2.35 km
0m2
Year 2024 Month 10 Day 08
$1,200,000
Council approved
96 Queensberry Terrace, Cromwell
2.07 km
3
2
149m2
Year 2024 Month 09 Day 25
-
Council approved
2331 Luggate-Cromwell Road, Queensberry
6.45 km
3
140m2
Year 2024 Month 09 Day 15
$1,500,000
Council approved
Pukekowhai Drive, Queensberry
1.62 km
4
2
182m2
Year 2024 Month 07 Day 31
$1,595,000
Council approved

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