Turbine Avenue, Twizel, Mackenzie

Nestled on Turbine Avenue in the serene Twizel, Mackenzie, this residential vacant land boasts a freehold title, sitting on a levelled contour of 730 square meters. While the specifics of the wall and roof construction remain unknown, the property presents a promising investment with a capital value that has seen a significant increase.

As per the latest records, the capital value has risen from $215,000 in October 2020 to $240,000 in July 2023, indicating an impressive growth rate of 11.63%. The HouGarden AVM estimates the property’s worth at $235,000, closely aligning with the latest sale price of $240,000 on July 7, 2024, following a previous sale at $235,000 on October 16, 2021.

For families with school-going children, the property falls within the catchment area of esteemed institutions. Craighead Diocesan School, a secondary school with a decile rating of 9, and Roncalli College, a secondary school with a decile rating of 7, are among the notable options available.

Updated on August 21, 2024