Nestled at 5 Cambrian Street, Wanaka, Queenstown Lakes, this nearly new 4-bedroom, 2-car park family home is a freehold property with a floor area of 209sqm and a land area of 610sqm. The residence boasts a level contour, wood exterior walls in good condition, and an iron roof also in good condition. The capital value has seen a remarkable increase from $400,000 in July 2017 to $1,430,000 as of September 2021, indicating a 2.575% growth rate. The property is equipped with modern amenities, including a heat pump, solar power, and a wood burner for cozy winters.
With a HouGarden AVM of $1,417,500 and recent sales history of $1,550,000 in November 2022 and $410,000 in February 2021, this property is a sound investment. The government valuation reflects its true worth in the thriving real estate market.
For families with children, the property falls within the highly rated Wanaka Primary School zone, a contributing school with a decile rating of 10. The location is ideal, with easy access to Sticky Forest, the Clutha River, and convenient bike lanes connecting to the schools.
Updated on November 26, 2024