Nestled on a level plot at 40 Grandview Road, Lake Hawea, Queenstown Lakes, this residential vacant land boasts a freehold title, offering potential buyers the security of full ownership. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property's unknown wall and roof construction add an air of mystery to this inviting investment opportunity. With a land area of 804 square meters, it presents a blank canvas for future development.
Reflecting a substantial growth trajectory, the capital value has seen an impressive increase from $240,000 in July 2017 to $445,000 as of September 2021, indicating an increase of 85.42%. The HouGarden AVM estimates the property's value at $427,500, while the latest sale history shows transactions at $591,000 in September 2024 and $195,000 in December 2016, highlighting a promising investment trend.
In terms of education, the property falls within the zone of the highly rated Hawea Flat School, a contributing school with a decile rating of 10. This makes the property particularly appealing for families seeking top-notch education facilities for their children.
Updated on October 16, 2024