3 Wallace Place, Wanaka, Queenstown Lakes

Nestled at 3 Wallace Place, Wanaka, within the serene Queenstown Lakes, this residential dwelling boasts a freehold title on a level plot. The property features a mix of materials for the exterior walls, complemented by a robust iron roof in good condition. It offers a generous floor area of 250 square meters, with a land size of 607 square meters, and includes a comfortable 2-car park space. Built in 2023, the property presents a modern and well-maintained structure.

Since 2017, the capital value has seen an impressive increase of 365.67%, from $335,000 to the current $1,560,000 as of September 2021. The HouGarden AVM estimates the property's worth at $1,495,000, while the latest sales records from August 2024 and March 2019 reflect transactions of $2,250,000 and $685,000 respectively, indicating a consistent upward trend in value.

For families with school-aged children, the property falls within the highly sought-after school zone of Te Kura O Take Karara, a contributing school with a perfect decile score of 10.

Updated on October 16, 2024