Middleton Road, Queenstown Hill, Queenstown Lakes

Located on Middleton Road, Queenstown Hill, in the scenic Queenstown Lakes district, this property presents a unique opportunity for those looking to build their dream home in a prestigious area. The land spans 456 square meters, offering ample space for a bespoke residence. As a freehold property, it provides the ultimate ownership rights, making it a valuable asset. The property is categorized as 'Residential - Vacant,' indicating that it is ready for development. Despite the lack of detailed information on existing structures, such as bedrooms, bathrooms, and floor area, the potential for creating a custom-designed home is immense. The property's contour is described as having an 'Easy/Moderate Fall,' which could add character to the design of the new home.

The capital value of the property as of September 2021 was $625,000. However, a recent assessment by HouGarden suggests an estimated value of $612,500, slightly below the previous valuation. The latest sale, recorded on February 14, 2024, saw the property changing hands for $620,000, indicating a stable interest and investment value in this area. This transaction reflects the property's consistent appeal and the potential for capital value growth over time.

While specific school zoning information is not provided, Queenstown is known for its high-quality educational institutions. Prospective buyers with families will find this location ideal for accessing a range of schools that cater to various educational needs. The serene environment, combined with the potential for creating a custom living space, makes this property an attractive option for those seeking a blend of luxury and lifestyle in Queenstown.