8 Buckler Burn Street, Glenorchy, Queenstown Lakes

Nestled in the serene Alfreds Terrace subdivision, this 869sqm freehold section boasts breathtaking mountain vistas of the Humboldt and Richardson ranges. The property, with its potential for dual zoning - residential and 365-day Visitor Accommodation - presents a versatile development canvas. Currently valued at $360,000, the capital value has seen a rapid increase of 38.46% since 2017. The latest sales history showcases transactions at $410,000 in 2024 and $345,000 in 2021, with HouGarden AVM estimating the property's worth at $330,000. This idyllic setting at 8 Buckler Burn Street is not only a peaceful retreat but also a wise investment, considering the increasing government valuations and potential for further growth.

With water and electricity readily available on the level plot, the stage is set for your dream home. The area's Enviro Primary School, known for its nurturing environment, is a draw for families. Glenorchy, a 40-minute lakeside drive from Queenstown, offers more than just stunning scenery; it's a vibrant community with a commitment to sustainability and a plethora of outdoor activities, making it an ideal destination for those seeking an eco-conscious lifestyle.

Located in a prime school zone, this property is not only an attractive investment opportunity but also a chance to escape the hustle and bustle, while enjoying the convenience of modern amenities and the tranquility of nature.

Updated on December 04, 2024