Nestled at 16 Edwards Lane, Lake Tekapo, in the picturesque Mackenzie region, this residential vacant land is a freehold gem. The property, with an area of 1099sqm, is positioned to offer breathtaking views of Mt John and the Southern Alps, with a glimpse of the shimmering turquoise waters of Lake Tekapo. It sits at the end of a quiet cul-de-sac, bordering the Tekapo River to the east and enjoying mountain vistas to the west, including the Two Thumb Range and Mt Edward. The capital value has seen a recent decrease of 20%, from $600,000 to the current $480,000, while the HouGarden AVM estimates it at $557,500. This lot, in a subdivision with its own golf course and amenities, is a prime location for building your dream home or as a strategic investment.
History shows that the demand for properties in Lake Tekapo remains high, with this section being no exception. It's a chance to be part of a desirable community, close to world-class attractions and within the catchment of esteemed schools like Craighead Diocesan School (decile 9) and Roncalli College (decile 7). The Cairns Riverside development, where the property is located, is a testament to thoughtful planning, providing the perfect blend of tranquility and convenience in one of New Zealand's most scenic areas.
With a variety of recreational activities at your doorstep in the Mackenzie District, this property presents an opportunity too good to miss.
Updated on May 29, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.43 km | 5 | 190m2 | 2024 10 29 | $1,200,000 | Council approved | ||
 | 0.71 km | 4 | 2 | 130m2 | 2024 10 14 | - | Council approved | |
 | 0.48 km | 6 | 120m2 | 2024 10 11 | $1,000,000 | Council approved | ||
 | 0.65 km | 3 | 3 | 260m2 | 2024 10 01 | - | Council approved | |
 | 0.08 km | 0m2 | 2024 08 01 | $435,000 | Council approved |