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3 Akitu Rise, Wanaka, Queenstown Lakes, 0 Bedrooms, 0 Bathrooms, Section

Sold: $965,000

Sold on 2024 Year 2024 Month 09 Day 28

3 Akitu Rise, Wanaka, Queenstown Lakes

640m2

Set amidst the tranquility of a prime location at 3 Akitu Rise, Wanaka, Queenstown Lakes, this residential vacant lot boasts a freehold title. With a land area of approximately 640sqm, it offers a level contour, perfect for building your dream home. The property is complemented by stunning views of Lake Wanaka and the surrounding mountain ranges. While the specifics of the wall and roof construction are unknown, the potential is palpable in this serene cul-de-sac. The property has seen a significant Capital Value increase of 150% from $440,000 in July 2017 to $1,100,000 as of September 2021. HouGarden AVM estimates the value at $1,014,500, with the latest sales recorded at $965,000 in September 2024 and $590,000 in January 2020.

Wanaka Primary School, a contributing school with a decile rating of 10, falls within the highly sought-after school zone. This adds to the already considerable appeal of the property, making it an ideal investment for families.

With picturesque sunsets and unobstructed views, this section presents an exclusive opportunity to secure a slice of paradise in an upscale community, where the beauty of nature meets the convenience of a prime location.

Updated on November 13, 2024

Council Data

Last update : 2024 12 11
View typeFocal Point Of view - Other
ContourLevel
Land area640m²
Title907905
Type of titleFreehold
Legal descriptionLOT 16 DP 540932
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 16 DEPOSITED PLAN 540932,640m2
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown
ZoningLow Density Residential Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Wanaka Primary School
0.97 km
Primary
1-6
Government
Co-Educational
EQI: 400
10

Property history

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For developers

Unitary plan:Low Density Residential Zone
Land:640m²
Title:Freehold

Akitu Rise Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
9 Barclay Place, Wanaka
0.17 km
6
274m2
Year 2024 Month 08 Day 29
$2,600,000
Council approved
25 Matipo Street
0.32 km
4
2
228m2
Year 2024 Month 08 Day 28
-
Council approved
6 Ernies Way, Wanaka
0.13 km
-m2
Year 2024 Month 08 Day 21
-
Council approved
25 Matipo Street, Wanaka
0.32 km
4
228m2
Year 2024 Month 08 Day 14
$1,930,000
Council approved
0.12 km
0m2
Year 2024 Month 08 Day 08
$680,000
Council approved

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