12 O'Neill Place, Lake Tekapo, Mackenzie

Nestled at 12 O'Neill Place, Lake Tekapo, this residential dwelling on a freehold title is a captivating piece of real estate. Constructed in 2000 with concrete walls and an iron roof, both in good condition, the property sits on a level contour with a floor area of 101sqm and a land area of 675sqm. It boasts 3 bedrooms, a single carpark, and is equipped with a heat pump for climate control. The property's capital value has seen a growth of 4.7% from $850,000 in October 2020 to $890,000 as of July 2023, reflecting its increasing desirability. The latest sale history includes transactions in 2005 and 2002, highlighting the property's long-term value.

As for the government's valuation, the property is currently valued at $890,000, with HouGarden AVM estimating it at $867,500. This indicates a strong market position for potential investors. The location is further enhanced by its proximity to top-rated schools such as Craighead Diocesan School (decile 9) and Roncalli College (decile 7), making it an ideal choice for families with educational considerations.

Enjoying a serene environment at the end of a quiet cul-de-sac, this property not only offers privacy and tranquility but also stunning views of the lake and mountains. Whether as a family home, holiday retreat, or investment, this rare gem in Lake Tekapo presents an opportunity not to be missed.

Updated on August 30, 2024