6 Old Dairy Close, Glenorchy, Queenstown Lakes

Nestled in the serene Old Dairy Close of Glenorchy, this residential vacant lot on a friendly cul-de-sac boasts a generous 908sqm of flat land under a freehold title. With a rich history of development potential, the property has seen a significant Capital Value increase of 39.22% from $255,000 in July 2017 to $355,000 as of September 2021. The HouGarden AVM estimates the property's worth at $325,000, while the latest sales records show transactions at $100,000 in June 2012 and $198,000 in May 2006. The site is primed for immediate development with all necessary consents in place, offering the opportunity to craft a home that resonates with the surrounding natural wonders, from lakes to mountains, and the convenience of Queenstown's amenities nearby.

Boasting a practical corrugated iron exterior and warm, timber-rich interiors inspired by NZ mountain huts, the property is designed to minimize carbon footprint with a separate self-contained unit. This unique offering allows for a versatile two-bedroom house or the freedom to design your own residence, tailored to your lifestyle dreams. Whether it's a tranquil family retreat or a property with income potential, 6 Old Dairy Close presents an unparalleled investment opportunity in a highly sought-after location.

For families with educational considerations, the property falls within a school zone with highly-rated institutions, ensuring a quality education for children. This combination of natural beauty, modern comforts, and educational excellence makes 6 Old Dairy Close a rare gem in Queenstown Lakes.

Updated on December 18, 2024