35 Invincible Drive, Glenorchy, Queenstown Lakes

Nestled at 35 Invincible Drive, Glenorchy, within the scenic Queenstown Lakes, this residential vacant land is a freehold treasure. While the specifics of the wall and roof construction remain unknown, the level contour of the property presents a blank canvas for your building aspirations. With a land area of 1001 square meters, it's an excellent corner location, merely a two-minute stroll from the serene Lake Whakatipu. The property has seen a significant jump in its capital value, from $290,000 in July 2017 to $405,000 as of September 2021, indicating a growth rate of 39.66%. The HouGarden AVM estimates the property's worth at $397,500, while the latest sale records show transactions at $46,000 in 1993 and a more recent one at $460,000 in June 2024.

With a promising capital value increase and a history of appreciation, this plot offers a golden opportunity for investors. It's not just the numbers that make this property special; it's the lifestyle it promises. Part of a unique village community, it's a place where one can connect with nature enthusiasts, enjoy activities from boating to horse riding, and relish the tranquility of a life less ordinary.

For families with children, the school zone is another highlight. With top-notch educational institutions nearby, this property is not just a piece of land but a foundation for a bright future. Embrace the chance to build your dream home in a community that values sustainability and a serene way of life.

Updated on August 07, 2024