69 Totara Drive, Twizel, Mackenzie

Nestled at 69 Totara Drive in the serene Twizel, Mackenzie, this residential vacant lot boasts a freehold title. With a levelled contour and an area of 701m2, it's a blank canvas for your future construction. The property is devoid of any covenant restrictions, allowing for low-density residential builds. The unknown roofing and wall construction offer a mystery that invites creativity. This is a prime opportunity to either land bank or embark on a building project in a centrally located, well-fenced, and established neighborhood.

History shows a promising trend with the capital value increasing from $265,000 in October 2020 to the current $320,000 as of July 2023, marking a growth of 20.75%. The HouGarden AVM estimates the property's worth at $310,000. With a keen eye on investment, this section presents a golden opportunity.

For families with school-going children, the property falls within the zones of the highly rated Craighead Diocesan School (Decile 9) and Roncalli College (Decile 7), ensuring access to quality education. This is not just a piece of land; it's the beginning of a Twizel story waiting to be written.

Updated on October 25, 2024