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Sold: $1,925,000

Sold on 2024 Year 2024 Month 11 Day 05

98 Hunter Crescent, Wanaka, Queenstown Lakes

4
295m2
2294m2

Nestled at 98 Hunter Crescent, Wanaka, within the serene Queenstown Lakes District, this freehold property boasts 4 bedrooms, 4 carparks, and a floor area of 295 square meters on a sprawling 2294 square meter land. Constructed in 1990 with roughcast walls and an iron roof, both in good condition, the residence is a perfect blend of space, light, and sun. The property, with its easy/moderate rise contour, offers majestic views and a private north-facing courtyard, ideal for entertainment or relaxation. Notably, it's been 20 years since this excellent property was last offered to the market.

With a government capital value (CV) of $2,120,000 as of September 2021, a significant increase from $1,300,000 in July 2017, the property has shown a CV growth of 63.08%. The HouGarden AVM estimates the property's value at $1,940,000, while the latest sales were recorded at $1,925,000 in November 2024 and $680,000 in March 2012. This indicates a promising investment opportunity with a substantial capital gain potential.

For families with children, the property falls within the zone of the highly rated Wanaka Primary School, a contributing school with a decile rating of 10. This ensures access to quality education. With a no build zone in the vicinity, the views from this property are set to remain uninterrupted for years to come.

Updated on December 18, 2024

Council Data

Last update : 2025 01 01
Improvement value$520,000Reduced by 0% from year 2017
Land value$1,600,000Increased by 105% from year 2017
CV(Year 2021 Month 09)$2,120,000Increased by 63% from year 2017
DeckYes
View typeFocal Point Of view - Water
ContourEasy/Moderate rise
Land area2294m²
Floor area295m²
Decade of construction1990
Title371138
Type of titleFreehold
Legal descriptionLOT 607 DP 392593 LOT 35 DP 20556
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 35 DEPOSITED PLAN 20556 AND LOT 607 DEPOSITED PLAN 392593,2294m2
ConstructionExternal Walls: Roughcast
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningLow Density Residential Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Wanaka Primary School
1.20 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:2294m²
Title:Freehold

Surrounding facilities

Hunter Crescent Neighborhood and Surrounding Data

Mortgage

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Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
36 Clearview Street
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3
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Year 2024 Month 09 Day 27
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Council approved
9 Forest Heights, Wanaka
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Year 2024 Month 09 Day 04
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16 Clearview Street, Wanaka
0.22 km
-m2
Year 2024 Month 08 Day 23
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29 Clearview Street, Wanaka
0.24 km
3
2
159m2
Year 2024 Month 08 Day 07
-
Council approved
73 Rata Street, Wanaka
0.22 km
2
297m2
Year 2024 Month 07 Day 06
$3,100,000
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