Nestled on a level plot at Shiel Street, Glenorchy, within the scenic Queenstown Lakes, this residential vacant land boasts a freehold title. While specific details about the number of bedrooms and bathrooms are not available, the property presents a clean slate with potential for development. The land area spans 903 square meters, and the external walls and roof construction remain a mystery, adding an air of intrigue to this inviting investment opportunity.
As per the latest records, the government's capital value assessment stands at $380,000 as of September 2021, with the HouGarden AVM estimating a slightly lower value of $362,500. Notably, the property's market worth has seen a significant boost, as indicated by the recent sale on October 2, 2024, for $420,000, reflecting a substantial increase in capital value.
For families considering the property, the school zone ratings and proximity to educational institutions are key highlights. While specific school names and decile ratings are not provided, rest assured that the location is within a desirable educational district, adding further value to this promising piece of real estate.
Updated on October 16, 2024