13 Grain Close, Jacks Point, Queenstown Lakes

Located in the serene Grain Close, Jacks Point, Queenstown Lakes, this property presents a unique opportunity for those looking to build their dream home in a picturesque setting. As a residential vacant land spanning 383 square meters, it offers ample space for a custom-designed residence. The property is characterized by its level contour, making it an ideal canvas for construction. Despite the unknown specifics regarding the wall and roof construction, the freehold ownership type ensures that the new owners will have complete control over their future development plans.

The financial aspect of this property is equally appealing. Initially valued at $390,000 in September 2021, the property has seen a consistent appreciation, with the latest sale recorded in April 2022 at $395,000. This growth is further supported by the HouGarden AVM, which estimates the property's value at $382,500, indicating a stable investment opportunity.

While the property does not currently include any buildings, and therefore, details such as bedrooms, bathrooms, and car parks are not applicable, its potential for development within the Queenstown Lakes district, known for its high-quality living standards and beautiful landscapes, makes it a highly desirable location. The level of investment and interest in this area suggests promising prospects for future capital value growth.