Nestled on a level plot at 28 Rua Street in the serene Albert Town, Queenstown Lakes, this residential vacant land is a freehold property that invites potential and possibility. While specific details about the number of bedrooms and bathrooms are not available, the absence of construction on the site allows for a blank canvas to realize one's dream home. The property boasts an area of 574 square meters, with unknown wall and roof construction, ready for the new owner's creative touch. Currently, the government has valued this land at $575,000 as of September 2021, reflecting its investment potential.
History shows a promising trend, with the latest sale recorded on July 15, 2024, at $620,000, following a previous sale on March 17, 2023, at $575,000. The HouGarden AVM estimates the property's value at $557,500, yet the actual sale prices indicate a potential capital value increase, suggesting a growth percentage worth noting for investors.
For families with children, the property falls within a desirable school zone. While specific decile ratings and school names are not provided, the area is known for its quality educational institutions, adding further value to this attractive piece of real estate.
Updated on August 21, 2024