6 Waddell Street, Lake Hawea, Queenstown Lakes

Nestled on a level plot at 6 Waddell Street, Lake Hawea, in the serene Queenstown Lakes district, this residential property boasts a Freehold title. It offers a potential building site with a land area of 501 square meters. While the specifics of the wall and roof construction remain unknown, the property presents a blank canvas for future development. With no existing structures, this vacant lot holds promise for those seeking a tranquil lifestyle in a coveted location.

As per the latest records, the property's Capital Value (CV) was assessed at $400,000 in September 2021. The HouGarden AVM estimates the value at $382,500, a figure that contrasts with the recent sale history. Notably, the property sold for $1,125,000 on September 12, 2024, indicating a significant increase from the previous sale of $289,000 on March 11, 2021. This corresponds to a substantial capital value growth percentage, making it an attractive investment opportunity.

For families with children, the property falls within the zone of the highly rated Hawea Flat School, a Contributing school with a decile rating of 10. This indicates an excellent educational facility within close proximity, adding to the property's appeal.

Updated on October 16, 2024