This inviting residence at 25 Makomako Road, Wanaka, Queenstown Lakes, is a freehold property that has stood the test of time since its construction in 2017. Showcasing an iron exterior and roof in good condition, it offers a comfortable living space of 150 square meters on a levelled 724 square meter section. The layout includes three bedrooms, two carparks, and a design that enhances convenience and potential for growth. The capital value has seen a significant increase from $880,000 in July 2017 to $1,360,000 as of September 2021, reflecting a growth of 54.5%. The latest sale history points to a transaction of $1,285,000 in January 2022, following a previous sale of $295,000 in February 2016.
Valuations are also supported by the HouGarden AVM at $1,305,000, indicating a property that holds strong market appeal. The location is further enhanced by being within the decile 10, contributing Wanaka Primary School zone, ensuring top-notch education for the family. This starter home, nestled in a quiet cul-de-sac, presents an alluring investment opportunity with potential for minor renovations to add personal touches or to simply enjoy the existing warm and inviting atmosphere.
With its prime address and easy access to local amenities, 25 Makomako Road is an ideal blend of comfort, convenience, and future prospects within the esteemed Wanaka community.
Updated on May 02, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
0.20 km | 3 | 129m2 | 2024 03 26 | $1,055,000 | Council approved | |||
0.17 km | 0m2 | 2024 03 01 | $565,000 | Council approved | ||||
0.14 km | 3 | 196m2 | 2024 01 25 | $1,550,000 | Council approved | |||
 | 0.15 km | 4 | 2 | 153m2 | 2024 01 18 | $1,480,000 | Council approved | |
0.11 km | 3 | 0m2 | 2024 01 03 | $539,130 | Council approved |