38 Dart Place, Fernhill/Sunshine Bay, Queenstown Lakes

Nestled in the serene Fernhill/Sunshine Bay of Queenstown Lakes, this 794sqm freehold property at 38 Dart Place offers a picturesque setting with The Remarkables mountain range and Lake Wakatipu as its backdrop. With potential for development, this residential vacant land has an unknown roof and wall construction, ready for your visionary input. The property has seen a significant Capital Value increase of 36.96% from $460,000 in July 2017 to $630,000 as of September 2021. HouGarden AVM estimates it at $577,500, while the latest sales history shows transactions at $642,000 in 2021 and $665,000 in 2024, indicating a steady growth trend. In terms of education, both Queenstown Primary School and St Joseph's School are within the vicinity, offering a decile rating of 10, ensuring top-quality education for the family.

With a prime location and potential for investment, this section presents an unparalleled opportunity. Whether you choose to develop it into two spacious units to cater to the high demand from holiday home seekers and investors, or to bank it for future appreciation, the possibilities are vast. The geotech report and surveyed plans are ready for your review, and the motivated sellers are keen to pass on this slice of Queenstown's paradise to the right buyer. Don't miss your chance to secure a piece of this scenic beauty.

Located in a highly sought-after school zone, the property is ideal for families looking to provide the best education for their children. The nearby schools, Queenstown Primary and St Joseph's, both with a perfect decile score of 10, ensure access to top-notch educational facilities and resources.

Updated on December 18, 2024