5 Mason Street, Wanaka, Queenstown Lakes

Nestled on a level plot at 5 Mason Street, in the serene Wanaka area of Queenstown Lakes, this residential vacant land boasts a freehold title. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property presents a clean slate for potential development. The exterior walls and roof construction remain a mystery, but the site's potential is undeniable. With a land area of 475 square meters, it's a prime piece of real estate waiting to be transformed.

As per the latest records, the property's capital value as of September 2021 stands at $565,000, with a HouGarden AVM estimate of $547,500. The most recent sale on April 6, 2021, was for $413,043, indicating a significant growth potential. The capital value has seen a substantial increase, reflecting the area's desirability and investment appeal.

For families with children, the school zone is a crucial factor. This property falls within a highly regarded school district, ensuring access to quality education. The decile rating reflects the high standards of the local schools, making this an even more attractive prospect for those looking to settle in a family-friendly neighborhood.

Updated on August 23, 2024