84 Burden Loop, Lake Hawea, Queenstown Lakes

Located in the serene Lake Hawea area of Queenstown Lakes, the property at 84 Burden Loop is a vacant residential land with a land area of 400 square meters. This freehold property, while currently not having any buildings, presents a blank canvas for potential owners. The details regarding the number of bedrooms, bathrooms, and car parks are not applicable as there are no existing structures on the property. The floor area is recorded as 0, indicating no constructed living space. The construction materials for the walls and roof, as well as their conditions, are unknown, which aligns with the property's vacant status. The property is described as having a level contour, making it potentially easier for development.

The capital value of the property as of September 1, 2021, was $340,000. However, a recent sale on January 31, 2024, saw the property being sold for $469,000, showcasing a significant increase in value. The HouGarden AVM estimated the property's value at $325,000, which is lower than both the capital value and the latest sale price, indicating a potentially undervalued estimation.

The property falls within the zone for Hawea Flat School, a contributing school with a top decile rating of 10. This suggests that the property is situated in a highly desirable educational zone, adding to its appeal for families considering the educational opportunities for their children.

Updated on April 05, 2024.