10 Lost Burn Road, Lake Hawea, Queenstown Lakes

Nestled on a level plot of 4000 square meters at 10 Lost Burn Road, Lake Hawea, in the scenic Queenstown Lakes, this residential property boasts a freehold title, offering boundless potential for future development. While the specifics of the exterior walls and roof construction remain unknown, the property's serene environment in a quiet cul-de-sac promises privacy and tranquility. With no details on the number of bedrooms, bathrooms, or carparks, this vacant land holds a mystery that invites visionary investors.

As per the government's valuation, the capital value as of September 2021 stood at $725,000. However, the property's estimated value according to HouGarden AVM is $30,000 more, indicating a promising investment prospect. The latest sale history is impressive, with a sale price of $895,000 in October 2021 and a subsequent increase to $1,231,000 in August 2024, showcasing a significant growth percentage that highlights the property's escalating value.

For families with children, the property falls within the zone of the highly rated Hawea Flat School, a contributing school with a decile rating of 10. This ensures access to quality education, making this property not just a wise investment but also an ideal choice for a family-oriented lifestyle.

Updated on October 02, 2024