12 Petes Place, Lake Tekapo, Mackenzie

Welcome to 12 Petes Place, a prime freehold property in the heart of Lake Tekapo's newest subdivision. This vacant residential section, with a level contour, offers a stunning front row view of the famous turquoise lake and the surrounding mountains. The property's unknown wall and roof construction adds a layer of mystery to this already attractive investment opportunity. With a capital value of $500,000 as of July 2023, and a 3.09% increase since October 2020, this 476sqm section is not only a sound financial investment but also a chance to join a community that values the blend of nature and modern living. The property's latest sale history includes a transaction of $505,000 in November 2021, closely aligning with the HouGarden AVM of $480,000.

For families, the property falls within the zones of Craighead Diocesan School, a secondary school with a decile rating of 9, and Roncalli College, a secondary school with a decile rating of 7. This ensures access to quality education for your children. Lake Tekapo's allure is undeniable, and this section is your opportunity to create a luxurious haven that integrates seamlessly with the breathtaking landscape.

Located in a quiet cul-de-sac, this property is part of the Station Bay development, offering easy access to local amenities and the Tekapo Springs hot pools. With services in place, including ultra-fast fibre, and titles issued, it's a chance to design a home that captures the panoramic views and the serene atmosphere of Lake Tekapo. Don't miss the chance to secure your own slice of paradise in this coveted prime position.

Updated on April 24, 2024