Nestled in the serene locale of 4 Grand Terrace Square, Arrowtown, Queenstown Lakes, this residential vacant land boasts a freehold title, offering a promising investment opportunity. With an extensive land area of 2570 square meters, the property features an easy to moderate rise contour, though the specifics of the wall and roof construction remain unknown. The mystery adds an allure of potential for this prime piece of real estate.
As per the latest valuation records, the capital value has seen a significant leap, with the property being valued at $2,510,000 as of September 2021. The HouGarden AVM estimates the value at $2,295,000, while the latest sale on November 11, 2024, fetched an impressive $2,950,000, indicating a substantial growth percentage in capital value.
For families with educational considerations, both Arrowtown School and St. Joseph's School in Queenstown are full primary schools with a decile rating of 10, ensuring top-notch education within the zone.
Updated on December 18, 2024