5 Lafranchi Lane, Cardrona, Queenstown Lakes

Nestled on Cardrona Valley Road in the serene Cardrona, Queenstown Lakes, this residential vacant land boasts a freehold title, offering a level contour for potential development. While the specifics of the wall and roof construction remain unknown, the property presents a clean slate with a land area of 268 square meters, ready for your vision to transform it into a dream home. The property's capital value as of September 2021 stands at $255,000, reflecting a promising investment opportunity in this tranquil cul-de-sac.

As per the latest records, the property's value has shown a significant increase with a recent sale on September 13, 2024, fetching $400,000. The HouGarden AVM also mirrors this capital value, indicating a consistent growth trend in the area. With a substantial jump in the capital value, this plot of land offers a golden chance for investors seeking rapid appreciation.

For families with educational considerations, this property falls within a highly sought-after school zone. The local schools boast impressive decile ratings, ensuring a quality education for children. This, coupled with the property's increasing value and serene location, makes it an attractive package for those looking to secure a sound investment in both real estate and education.

Updated on November 06, 2024