566 Speargrass Flat Road, Dalefield/Wakatipu Basin, Queenstown Lakes

Nestled within the serene country landscape of Dalefield/Wakatipu Basin, the property at 566 Speargrass Flat Road is a testament to rural elegance and timeless charm. This residential dwelling, with its 4 bedrooms and a floor area of 222 square meters, sits on a sprawling 1910 square meter freehold land. The house, built in 1900, features roughcast walls and an iron roof, both in good condition, and is perfectly level, making it a rare find in Queenstown Lakes. The property does not include car parks but compensates with its well-established gardens and 100-year-old trees, creating a natural oasis.

Over the years, the capital value of this property has seen a significant increase, from $1,290,000 in July 2017 to $2,010,000 in September 2021, marking a 55.81% growth. The HouGarden AVM estimates its value at $1,925,000. The property's value was further highlighted when it was last sold for $3,600,000 on February 20, 2024, a substantial leap from its $1,000,000 sale price in November 2014. This growth trajectory underscores the property's exceptional value and appeal in the market.

Education is a priority, and this property is zoned for top-tier schools, including Arrowtown School and St Joseph's School (Queenstown), both boasting a decile rating of 10. These schools offer excellent educational opportunities, making this property an ideal choice for families seeking quality schooling options.

Updated on April 04, 2024.