117 Manuka Terrace, Twizel, Mackenzie

Nestled in the serene Manuka Terrace of Twizel, Mackenzie, this 2017-built, freehold property is a gem for both investors and first-time buyers. The 2-bedroom, 1-bathroom home with a floor area of 92sqm and a vast land parcel of 2.16Ha, boasts of an iron roof and wooden walls in good condition. It comes with a capital value of $760,000, a significant increase of 28.8% from the previous valuation. The property, complete with a separate shed, emergency generator, and compliant with Healthy Home Standards, offers stunning views and immediate possession. It's not just a home but a future build platform, ready for additional development with the right consent.

With a HouGarden AVM of $750,000 and a latest sale history showing a jump from $84,000 in 2016 to $578,000 in 2019, this property is a wise investment. The CV growth is a testament to its value. Enjoy the tranquility of the rural lifestyle, just 13 minutes from Twizel town, with easy access to the Mackenzie Basin's offerings. The property falls within the Rural Lifestyle Zone, with rates at $1545.00 per annum.

For families, the educational opportunities are excellent, with the Craighead Diocesan School (Decile 9) and Roncalli College (Decile 7) in the zone. This property is not just a house, it's a lifestyle choice that promises comfort, potential, and a motivated vendor ready to seal the deal.

Updated on November 20, 2024