Nestled on a level plot at Domain Road, Lake Hawea, Queenstown Lakes, this residential vacant land boasts a freehold title, offering potential buyers the security of full ownership. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property presents a blank canvas for development. The roof and wall construction remain unknown, adding an air of mystery to this promising investment. With a land area of 404 square meters, it's a prime piece of real estate in a tranquil setting.
As per the latest government valuation in September 2021, the capital value stands at $340,000, with the HouGarden AVM estimate closely following at $335,000. The property market's confidence is evident with the latest sale on July 12, 2024, fetching $399,000, indicating a significant growth potential. The capital value increase percentage is a testament to the area's desirability and investment viability.
For families with children, the property falls within the zone of the highly rated Hawea Flat School, a contributing school with a decile rating of 10. This indicates an excellent educational opportunity for the young ones in a community that values quality education.
Updated on August 01, 2024