11 Castalia Drive, Dalefield/Wakatipu Basin, Queenstown Lakes

Nestled in the tranquility of 11 Castalia Drive, Dalefield, this residential dwelling is a prime example of Queenstown Lakes' opulence. Constructed in 2004 with a robust mix of materials for the walls and iron for the roof, this freehold property stands majestically on a levelled contour. It boasts 4 bedrooms, 2 carparks, and a generous floor area of 214 square meters, all while sitting pretty on a 721 square meter plot. The property's condition is impeccable, with both walls and roof in good standing.

Since 2017, the capital value has seen a remarkable increase of 26%, jumping from $920,000 to the current $1,160,000 as per the government's valuation. The HouGarden AVM echoes this sentiment, valuing the property at $1,130,000. The latest sale history is a testament to its worth, with a transaction in 2024 fetching $1,625,000, a significant leap from the $110,000 sale in 2002.

For families with school-going children, the property falls within the highly sought-after school zones of St Joseph's School and Shotover Primary School, both of which are decile 10 institutions, ensuring top-notch education for the young ones.

Updated on August 01, 2024