5 Murray Place, Lake Tekapo, Mackenzie

Nestled in the serene cul-de-sac of Murray Place, Lake Tekapo, this charming 4-bedroom, freehold property, built in 1979, stands on a level contour with concrete walls and an iron roof, both in good condition. The 130sqm floor area is complemented by a spacious 888sqm land area, a single carpark, and a north-facing deck that overlooks the picturesque Lake Tekapo and its mountainous backdrop.

With a Capital Value (CV) of $920,000 as of July 2023, the property has shown a growth of 4.55% from its previous CV of $880,000 in October 2020. The HouGarden AVM estimates the property's value at $882,500, while the latest sale in 1996 was for $145,000.

For families, the property falls within the zones of Craighead Diocesan School (Decile 9) and Roncalli College (Decile 7), both secondary schools catering to a wide range of educational needs. This well-positioned home offers comfort, convenience, and the promise of a sound investment in a sought-after location.

Updated on October 14, 2024