3 Flynn Lane, Arrowtown, Queenstown Lakes

Nestled in the serene locale of 3 Flynn Lane, Arrowtown, Queenstown Lakes, this residential vacant land boasts a freehold title, offering a promising investment opportunity. With an easy-to-moderate rise contour, the property spans across 1543 square meters. While the specifics of the wall and roof construction remain unknown, the property's potential is undeniable. Its strategic location and the absence of specific details only add to the intrigue for potential buyers.

Registered with a capital value of $1,360,000 as of September 2021, the property has shown a remarkable growth of 55.43% since its previous valuation of $875,000 in July 2017. The HouGarden AVM estimates the property's worth at $1,347,500, closely aligning with the market trends. The latest sale history indicates a sale price of $1,551,000 on October 11, 2024, and $1,050,000 on January 23, 2021, reflecting a consistent upward trend in the property's market value.

For families with educational considerations, the property falls within the highly sought-after school zones of both Arrowtown School and St Joseph's School in Queenstown, both rated a decile 10. This ensures access to top-notch education facilities, making it an even more attractive prospect for families.

Updated on November 07, 2024