50 Judge And Jury Drive, Dalefield/Wakatipu Basin, Queenstown Lakes

Nestled in a serene rural haven at the junction of the Remarkable Mountains and Kawarau River, this 4-bedroom, freehold property on 6264sqm of land is a gem. The 204sqm floor area residence, built in 2017 with iron roofing and wood walls in good condition, is a haven of warmth with underfloor heating and solar panels. It boasts an open living area with a central gas fireplace, a modern kitchen with stainless steel benchtops, and a master suite with a tiled ensuite and walk-in wardrobe. Two additional bedrooms, a central bathroom, and a versatile fourth bedroom with an ensuite provide ample space. The property, valued at $1,500,000 as per the latest government valuation, has seen a 22.95% increase since 2017. The HouGarden AVM estimates it at $1,460,000, while the latest sale was for $2,020,000. This property is in a top decile 10 school zone, including St Joseph's and Shotover Primary Schools, making it an ideal family home.

With a capital value growth that outpaces the market and a recent sale history that speaks volumes, this property is not just a home but a sound investment. The government valuations have risen from $1,220,000 in 2017 to the current $1,500,000, reflecting a robust CV increase. The property's latest sale prices of $2,020,000 in 2022 and $1,289,000 in 2016 further highlight its escalating value.

Perfect for families, this property falls within the catchment area of highly rated schools. St Joseph's School and Shotover Primary School, both decile 10, offer exceptional education opportunities. Located at 50 Judge And Jury Drive, Dalefield, it's a lifestyle property that combines privacy, stunning views, and a friendly community.

Updated on July 29, 2024