55 Mcadam Drive, Jacks Point, Queenstown Lakes

Nestled in the serene Soudley Court of Jacks Point, within the picturesque Queenstown Lakes, this residential vacant land boasts a freehold title. While specific details about the number of bedrooms and bathrooms are not available, the property presents a level contour and an unknown roof and wall construction. It spans across 356 square meters, offering potential for development. The property's unknown condition adds a layer of intrigue for the discerning buyer.

As per the latest valuation records, the capital value as of September 2021 stood at $530,000, with the HouGarden AVM estimate closely following at $525,000. Notably, the property's latest sale on September 27, 2024, indicates a significant increase in value, fetching $605,000. This represents a substantial growth percentage, making it an attractive investment opportunity.

For families with educational considerations, the property falls within a highly regarded school zone. While specific decile ratings and school names are not provided, the zone's reputation for quality education adds further value to this already promising land parcel.

Updated on November 13, 2024