Nestled in the prestigious locale of Queenstown, this residential vacant land at 27 Marina Drive, Frankton, Queenstown Lakes, is a freehold property that spans across 706sqm. The section boasts an easy/moderate fall contour, offering a prime building platform with stunning panoramic views of Lake Wakatipu and the Remarkables. The property's government capital value has seen a remarkable increase from $505,000 in July 2017 to $640,000 as of September 2021, reflecting a growth of 26.73%. HouGarden's AVM estimates the value at $612,500. Historically, the property last sold for $85,000 in November 2000, and prior to that, for $32,000 in April 1989. This serene location is enhanced by its proximity to top-rated schools, including St Joseph's School and Remarkables Primary School, both decile 10 institutions.
With a front-row view of the planes at the nearby international airport and the captivating scenery of Kawarau Falls and Kelvin Heights, this section is not just land, but a canvas for your dream home. It's an opportunity to own a piece of paradise in Queenstown's most sought-after area, where every sunrise and sunset is a masterpiece.
For families with children, the school zone is a significant plus. Both St Joseph's School and Remarkables Primary School offer quality education and are highly rated, ensuring a solid foundation for your child's academic journey.
Updated on October 29, 2024