74 Risinghurst Terrace, Lower Shotover, Queenstown Lakes

Nestled in the serene Lower Shotover, at 74 Risinghurst Terrace, this 2017-built, freehold property is a shining example of modern comfort meets energy efficiency. The three-bedroom, two-carpark home boasts a floor area of 176m² and is set on a sprawling 1338m² section. Constructed with wood walls and an iron roof, both in good condition, the residence is north-facing, ensuring daylight floods the living spaces. The government's capital value has seen a significant increase from $930,000 in July 2017 to $1,170,000 as of September 2021, reflecting a growth rate of 25.81%. The property also fetched $1,225,000 in its latest sale on August 4, 2021, and is valued at $1,140,000 by HouGarden AVM.

When it comes to education, the property falls within the zone for both St Joseph's School and Shotover Primary School, both rated 10 on the decile scale. The open-plan living, sunlit deck, and versatile layout provide an ideal setting for family life. The additional features such as the Escea gas fire, a dedicated office space, and the potential for a sleepout extension, make this home a compelling choice. Not to mention, the property is equipped with a heat pump, solar-powered hot water heating, and a ducted heating and cooling system, reflecting its NZGBC Homestar 6 rating.

With its attractive CV growth, prime location in a top school zone, and the potential for further development, this property is not just a home but a sound investment for the future.

Updated on August 22, 2024