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Sold: $1,120,000

Sold on 2024 Year 2024 Month 07 Day 09

3 Matakanui Lane, Wanaka, Queenstown Lakes

3
134m2
304m2

Nestled in the tranquility of 3 Matakanui Lane, this Wanaka residence is a prime example of modern living. Constructed in 2019 with a freehold title, the property boasts 3 bedrooms, a single carpark, and a generous floor area of 134 square meters on a level plot of 304 square meters. The exterior is clad in wood, complemented by an iron roof, both in good condition, adding to the property's appeal.

Since 2017, the capital value has seen a significant increase of 34.85%, from $660,000 to the current $890,000 as per the government valuation. The HouGarden AVM estimates the property's worth at $867,500, while the latest sale history shows a substantial leap from $260,000 in 2016 to $1,120,000 in 2024, indicating a promising investment opportunity.

For families with children, the property falls within the highly sought-after school zone of Wanaka Primary School, a contributing school with a perfect decile score of 10, ensuring top-notch education for the young ones.

Updated on August 28, 2024

Council Data

Last update : 2024 12 11
Improvement value$455,000Increased by 22% from year 2017
Land value$435,000Increased by 50% from year 2017
CV(Year 2021 Month 09)$890,000Increased by 34% from year 2017
View typeFocal Point Of view - Other
ContourLevel
Land area304m²
Floor area134m²
Decade of construction2019
Title816549
Type of titleFreehold
Legal descriptionLOT 155 DP 518869
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 155 DEPOSITED PLAN 518869,304m2
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningSpecial Zone

School zones

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

Property history

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For developers

Unitary plan:Special Zone
Land:304m²
Title:Freehold

Surrounding facilities

Matakanui Lane Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
25 Obelisk Street, Wanaka
0.04 km
3
150m2
Year 2024 Month 09 Day 04
$1,210,000
Council approved
0.54 km
4
191m2
Year 2024 Month 08 Day 27
$1,445,000
Council approved
32 Obelisk Street, Wanaka
0.01 km
-m2
Year 2024 Month 07 Day 16
-
Council approved
2 Matakanui Lane, Wanaka
0.06 km
3
121m2
Year 2024 Month 07 Day 04
$1,100,000
Council approved
5 Matakanui Lane, Wanaka
0.05 km
3
132m2
Year 2024 Month 07 Day 01
$1,180,000
Council approved

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