5 Matakanui Lane, Wanaka, Queenstown Lakes

Nestled on a serene lane in the sought-after Northlake subdivision, 5 Matakanui Lane is a stunning residence that boasts a freehold title and a contemporary design. This 3-bedroom, 2-bathroom home with a single carpark is spread over a floor area of 132 square meters on a level plot of 300 square meters. Constructed in 2020, the property features mixed-material walls in good condition and an iron roof that's also well-maintained. The capital value has seen a rapid increase of 34.85% from $660,000 in July 2017 to $890,000 as of September 2021. The HouGarden AVM estimates the property's worth at $867,500, while the latest sales were recorded at $1,180,000 in July 2024 and $735,000 in December 2019.

For families, the property falls within the highly rated Wanaka Primary School zone, a contributing school with a decile rating of 10. The location is not only family-friendly but also convenient, with amenities like parks, a tennis court, childcare, and local cafes within walking distance. The residence itself is a masterpiece, with an open-plan living area that enjoys natural light, high vaulted ceilings, and a backdrop of a peaceful reserve with mountain views and ample sun exposure.

Whether you're an investor, a first-home buyer, or simply seeking a holiday home, 5 Matakanui Lane presents an opportunity not to be missed in the thriving community of Northlake.

Updated on August 01, 2024