5 Rimu Lane, Wanaka, Queenstown Lakes

Positioned at the serene 5 Rimu Lane, this charming residence on a freehold title is a perfect blend of comfort and potential. The 3-bedroom, single carpark home, built in 1974 with iron roofing and fibrous cement walls in good condition, sits on a level 826m2 section. The property's Capital Value (CV) has seen a remarkable increase from $730,000 in July 2017 to $1,300,000 as of September 2021, reflecting a growth of 78.08%. According to HouGarden AVM, the property is valued at $1,270,000, while the latest sale history shows transactions at $235,000 in 2002 and $190,000 in 2001. This property is not just a home but an investment in a prime location, with the added bonus of being in the decile 10 school zone of Wanaka Primary School.

For those seeking a slice of tranquility amidst the bustling Wanaka life, this property offers a unique opportunity. It's a chance to own a piece of history in the coveted 'Old Wanaka' area, where the beautiful Lake Wanaka is just a short walk away and the convenience of schools and the vibrant town center are at your doorstep. The generous section, adorned with well-established trees including delicious cherry trees, is a quiet retreat at the end of a cul-de-sac.

Educationally, the property falls within the highly rated school zone of Wanaka Primary School, ensuring a quality education for the young ones. This is not merely a house; it's the embodiment of your dreams and possibilities. Don't miss the opportunity to turn this canvas of potential into your reality.

Updated on August 26, 2024