13 South Highway 8, Lake Tekapo, Mackenzie

Nestled at 13 South Highway 8 in the picturesque Lake Tekapo, Mackenzie, this commercial accommodation property is a gem on a unit title. Constructed in 2008 with a robust mix of materials for the walls and iron for the roof, the property stands in good condition both inside and out. It boasts a floor area of 110 square meters, strategically placed on a contour with an easy to moderate fall. The absence of specific bedroom and bathroom numbers highlights the versatile potential of this property, while the lack of car parks may indicate a tranquil, exclusive setting.

Since October 2020, the capital value has seen a significant increase of 13.46%, reaching $590,000 as of July 2023. The HouGarden AVM estimates the property's worth at $537,500, and the latest sale on October 24, 2024, sets the market value even higher at $659,000, reflecting a promising investment opportunity.

For families with educational concerns, this property falls within the zones of both Craighead Diocesan School, a high-performing secondary school with a decile rating of 9, and Roncalli College, a reputable secondary school with a decile rating of 7. This ensures access to quality education for children of all ages.

Updated on December 04, 2024