Nestled in the tranquility of a private laneway on Conifer Lane, Queenstown, this vacant residential section boasts a generous land area of 689sqm. Embracing the ease of freehold ownership, it presents a blank canvas for your architectural aspirations. With the roof and wall construction yet to be determined, this property is ripe for transformation into a dream home, complete with stunning views of Lake Whakatipu and the adjacent mountains. The property's contour, with an easy to moderate fall, adds to its potential for a seamlessly integrated design within the natural landscape.
As per the latest government valuation in September 2021, the capital value stands at $650,000, poised for growth. The HouGarden AVM estimates the property's worth at $602,500, while the most recent sale in May 2024 highlights a transaction of $470,000. With a notable increase in capital value over the years, this section offers both investment potential and the promise of a serene lifestyle.
For families with children, the property falls within the highly sought-after school zones of Queenstown Primary School and St Joseph's School, both decile 10 institutions. This ensures access to quality education within the community. Surrounded by substantial homes and with the opportunity to craft your own haven, this property invites you to become a part of Queenstown's exclusive paradise.
Updated on June 05, 2024
