14 Bible Terrace Rise, Glenorchy, Queenstown Lakes

Embrace the prospect of a new life in the evolving town of Glenorchy, perched at the edge of the lake. Nestled within the serene Alfred's Terrace development, 14 Bible Terrace Rise presents a unique opportunity on a flat 812 sqm corner site. This freehold property is your canvas to paint the future home of your dreams, north-facing to maximize the sun and the breathtaking panoramic views that Glenorchy is renowned for. The property boasts an unknown roof and wall construction, hinting at a mystery to unravel in your architectural endeavors. With a capital value that has seen a 64% increase from $250,000 in July 2017 to $410,000 in September 2021, and an estimated value of $392,500 by HouGarden AVM, this is not just land; it's a smart investment with potential for substantial growth.

History shows a consistent upward trend in the property's value, reflecting the growing appeal of the area. The absence of specific details such as bedrooms and bathrooms allows your imagination to run wild in designing your perfect abode. The quiet cul-de-sac adds to the tranquility, making it an ideal setting for a peaceful life, away from the hustle and bustle.

For families with children, the school zone is a significant draw. With a decile rating that signifies a high standard of education, the nearby schools are poised to provide an excellent foundation for your children's future. It's not just a property; it's the foundation of a thriving lifestyle in the vibrant community of Glenorchy.

Updated on April 17, 2024