5 Kings Drive, Wanaka, Queenstown Lakes

Nestled in the coveted neighborhood of Wanaka, 5 Kings Drive presents a charming family residence on a freehold title. Constructed in 1988 with mixed materials for the walls and iron for the roof, this well-maintained home boasts 3 bedrooms, a spacious living area, and a carpark. The 122sqm floor area is complemented by a level 808sqm section, ideal for outdoor enjoyment. The property's capital value has seen a remarkable increase of 60.53% from $760,000 in July 2017 to $1,220,000 as of September 2021. HouGarden's AVM estimates the property at $1,185,000, while the latest sale in June 2024 was for $1,320,000, a testament to the property's growing value. For families, the proximity to Wanaka Primary School, a decile 10 contributing school, adds immense value to this property.

With a cozy ambiance provided by a heat pump, the open-concept design unites the living, dining, and kitchen areas, the latter featuring a convenient walk-in pantry. The master bedroom offers views of the picturesque mountains, and the family bathroom includes a bathtub and separate toilet. Ample storage in the garage and separate laundry cater to the active Wanaka lifestyle. This property not only offers a peaceful haven but also easy access to central Wanaka's vibrant scene, making it a perfect blend of comfort and convenience.

Education is a priority, and this home is within the sought-after school zone for Wanaka Primary School, ensuring a quality education for children. The combination of a desirable location, a well-appointed home, and a strong CV growth history makes this property an attractive investment for any family.

Updated on July 26, 2024