Nestled at 6 Tuatara Rise, Wanaka, within the serene Queenstown Lakes, this residential vacant land boasts a freehold title. With a level contour and an area of 947 sqm, it offers the potential to build with stunning lake views, given its elevated position that permits structures up to 7 meters tall. The property's unknown wall and roof construction add a layer of mystery to this promising investment. Currently valued at $780,000 according to the government's capital value assessment as of September 2021, this piece of land has seen a recent sale across the street for $1,100,000, indicating a significant growth potential. It resides in a quiet cul-de-sac, providing privacy and tranquility, with easy access to nearby walking and cycling tracks.
History shows a consistent rise in the property's value, with the HouGarden AVM estimating it at $715,000. The capital value has shown a substantial increase over the years, making it an attractive prospect for investors. The site was one of the first to be sold in the subdivision, a testament to its appeal, with the promise of breathtaking lake views from both levels.
For families, the school zone is a crucial factor. This property falls within a highly rated decile, ensuring access to quality education. Its proximity to well-regarded schools adds to the appeal, making it an ideal choice for those seeking a balanced lifestyle with both nature and educational amenities at their doorstep.
Updated on December 04, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.12 km | 4 | 3 | 257m2 | Year 2025 Month 01 Day 17 | - | Council approved | |
 | 0.26 km | 4 | 153m2 | Year 2024 Month 08 Day 31 | $1,350,000 | Council approved | ||
 | 0.23 km | 6 | 274m2 | Year 2024 Month 08 Day 29 | $2,600,000 | Council approved | ||
 | 0.15 km | -m2 | Year 2024 Month 08 Day 21 | - | Council approved | |||
0.11 km | 0m2 | Year 2024 Month 08 Day 08 | $680,000 | Council approved |