Nestled in the serene Lochburn Avenue, a short walk from the lake, this 4-bedroom, freehold property on a level 829m2 land area boasts stunning views of the snow-capped Mt Earnslaw. Constructed in 2020 with wood walls and iron roof in good condition, it offers a single carpark and a floor area of 188m2. The property's Capital Value (CV) has seen a 25% increase from $760,000 in July 2017 to $950,000 as of September 2021. The HouGarden AVM estimates it at $927,500, with the latest sale recorded at $1,150,000 on June 24, 2024.
History shows a sale at $315,000 on February 22, 2018, reflecting the rapid growth in this desirable location. Glenorchy, with its excellent cafes, hotel, and services, is a thriving community that attracts those seeking a well-provided lifestyle, close to nature with mountain walks and fishing in Lake Wakatipu.
For families, the property falls within a highly regarded school zone, ensuring access to quality education.
Updated on August 14, 2024