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Sold: $1,000,000

Sold on 2024 Year 2024 Month 11 Day 07

14 Sapphire Spring Rise, Wanaka, Queenstown Lakes

862m2

Nestled in the tranquility of Sapphire Spring Rise, at 14 Wanaka, Queenstown Lakes, this residential vacant land boasts a freehold title. While the specifics of the wall and roof construction remain unknown, the property stands on a level contour, spanning across 862 square meters. It's a blank canvas waiting to be transformed into someone's dream home.

With a significant jump in the capital value from $500,000 in July 2017 to $900,000 as of September 2021, this plot has shown an impressive growth rate of 80%. The HouGarden AVM estimates it at $825,000, and the latest sale history includes a transaction for $1,000,000 in November 2024, a stark contrast to the $335,000 sale in March 2017.

For families with children, the property falls within the zone of Te Kura O Take Karara, a contributing school with a perfect 10 decile rating, ensuring top-notch education opportunities.

Updated on December 11, 2024

Council Data

Last update : 2025 01 22
View typeFocal Point Of view - Other
ContourLevel
Land area862m²
Title782799
Type of titleFreehold
Legal descriptionLOT 21 DP 509001
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 21 DEPOSITED PLAN 509001,862m2
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown
ZoningLow Density Residential Zone

School zones

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

Property history

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For developers

Unitary plan:Low Density Residential Zone
Land:862m²
Title:Freehold

Sapphire Spring Rise Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.45 km
0m2
Year 2024 Month 12 Day 05
$1,195,000
Council approved
12 Jade Drive, Wanaka
0.20 km
4
3
325m2
Year 2024 Month 11 Day 13
-
Council approved
3 Oakwood Place, Wanaka
0.32 km
4
230m2
Year 2024 Month 10 Day 31
$1,650,000
Council approved
0.17 km
3
1
160m2
Year 2024 Month 10 Day 23
$1,175,000
Council approved
0.19 km
3
180m2
Year 2024 Month 10 Day 22
$1,250,000
Council approved

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