3 Akitu Rise, Wanaka, Queenstown Lakes

Set amidst the tranquility of a prime location at 3 Akitu Rise, Wanaka, Queenstown Lakes, this residential vacant lot boasts a freehold title. With a land area of approximately 640sqm, it offers a level contour, perfect for building your dream home. The property is complemented by stunning views of Lake Wanaka and the surrounding mountain ranges. While the specifics of the wall and roof construction are unknown, the potential is palpable in this serene cul-de-sac. The property has seen a significant Capital Value increase of 150% from $440,000 in July 2017 to $1,100,000 as of September 2021. HouGarden AVM estimates the value at $1,014,500, with the latest sales recorded at $965,000 in September 2024 and $590,000 in January 2020.

Wanaka Primary School, a contributing school with a decile rating of 10, falls within the highly sought-after school zone. This adds to the already considerable appeal of the property, making it an ideal investment for families.

With picturesque sunsets and unobstructed views, this section presents an exclusive opportunity to secure a slice of paradise in an upscale community, where the beauty of nature meets the convenience of a prime location.

Updated on November 13, 2024