Located at 7 Conifer Lane, Queenstown, Queenstown Lakes, this residential vacant land spans 901sqm with a freehold ownership type, offering a blank canvas for those looking to build their dream home. The property is situated down a quiet and private lane on the prestigious Queenstown Hill, providing a unique opportunity to enjoy stunning elevated views of Lake Whakatipu and the surrounding mountains. Despite the unknown specifics regarding the building's age, roof, and wall construction and condition, the land's contour is described as having an easy/moderate fall, making it an appealing site for construction.
As of September 2021, the capital value was recorded at $775,000, with a HouGarden AVM estimate slightly lower at $765,000. The latest sale, dated February 2, 2024, saw the property changing hands for $760,000, indicating a slight decrease in value. This property's capital value growth and market trends reflect its desirability and potential for investment or personal use.
The property falls within the zone for Queenstown Primary School and St Joseph's School (Queenstown), both of which boast a decile rating of 10, indicating high educational standards. This adds to the appeal of the location, offering excellent schooling options for families looking to build in the area. The combination of its prime location, stunning views, and access to top-tier schools makes this vacant land an exceptional opportunity for those aiming to create a bespoke residence in Queenstown.