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1 Divers Lane, Wanaka, Queenstown Lakes, 0 Bedrooms, 0 Bathrooms, Section

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 11 Day 29

1 Divers Lane, Wanaka, Queenstown Lakes

204m2
20095m2

Nestled on a sun-kissed, north-facing half-acre in the serene Divers Lane, this freehold property boasts a prime location, set away from the main road and a mere stroll to the lakefront. Constructed with robust brick walls and an iron roof in 2000, the building stands in good condition, promising longevity and low maintenance. The 2,007 sqm land, with its easy-to-moderate contour, is currently home to established Chardonnay grapes, offering a unique opportunity to weave your dream home among the vines or start with a blank canvas. The single-level covenant on this and adjacent blocks preserves the panoramic views, including the majestic Mt Aspiring peak, for all residents. This sheltered Wanaka gem is not only known for its all-day sun and tranquility but also for its exceptional underlying land value. With a capital value of $3,530,000 as of September 2021, a significant increase of 46.47% from the 2017 valuation of $2,410,000, and an AVM of $1,554,500, this property presents a sharp price of $1,525,000, offering excellent value for a section of this size so close to both the lake and town.

For the investors and families, the property falls within the highly rated Te Kura O Take Karara school zone, a contributing school with a decile rating of 10. This ensures top-notch education opportunities for the children.

With a reduced list price, this charming half-acre is a golden opportunity not to be missed.

Updated on November 29, 2024

Council Data

Last update : 2024 12 11
Improvement value$560,000Reduced by 0% from year 2017
Land value$2,970,000Increased by 60% from year 2017
CV(Year 2021 Month 09)$3,530,000Increased by 46% from year 2017
DeckYes
View typeFocal Point Of view - Water
ContourEasy/Moderate rise
Land area20095m²
Floor area204m²
Decade of construction2000
Title1027522
Type of titleFreehold
Legal descriptionLOTS 5-6 101 DP 544609
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 5 DEPOSITED PLAN 551283,2001m2
ConstructionExternal Walls: Brick
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningRural Residential Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Kura O Take Kārara
3.43 km
Primary
1-6
Government
Co-Educational
EQI: 411
10

Property history

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For developers

Unitary plan:Rural Residential Zone
Land:20095m²
Title:Freehold

Surrounding facilities

Studholme Road Neighborhood and Surrounding Data

Mortgage

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