Nestled on a prime 1,202sqm freehold section at 36 Riverslea Road, Wanaka, Queenstown Lakes, this vacant residential plot is a gem with stunning mountain vistas. Ready for development with a north-facing aspect towards Mount Gold and a level contour, it's a blank canvas for your dream home or a strategic investment. The property boasts an unknown roof and wall construction, but its potential is undeniable. With a CV of $830,000 as of September 2021 and a HouGarden AVM of $810,000, this plot has already seen a significant increase in value. The latest sale history includes a transaction of $1,040,000 in July 2024 and $725,000 in June 2019, indicating a substantial growth rate. Moreover, being in the decile 10 zone for Wanaka Primary School, this property is not just a sound investment but also a wise choice for families.
With a capital value that has been rising steadily, this section in a quiet cul-de-sac is a golden opportunity. The recent sale prices reflect a promising trend, making it a radiant pick on Riverslea.
Located in a top-rated school zone with easy access to Northlake amenities and just a short 4.4km drive to the picturesque Lake Wanaka, this property invites you to embrace the renowned Wanaka lifestyle.
Updated on August 07, 2024