Nestled on a level plot at 26 Elizabeth Street in the serene Lake Hawea, 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 exterior walls and roof construction remain a mystery, adding an air of intrigue to this investment opportunity. With a land area of 816 square meters, it's a prime piece of real estate in a quiet cul-de-sac, ready for your vision to materialize.
As per the latest records, the property's capital value as of September 2021 was $445,000, with the HouGarden AVM estimating a slightly lower value of $442,500. Notably, the property's latest sale on October 27, 2024, fetched an impressive $600,000, indicating a significant increase in market value and a promising investment return.
For families with educational considerations, this property falls within a highly regarded school zone. While specific decile ratings and school names are not provided, the area is known for its quality educational institutions, making this an attractive prospect for those seeking a sound investment in both property and education.
Updated on November 27, 2024