14 Mcadam Drive, Jacks Point, Queenstown Lakes

Nestled in the serene Jacks Point, this residential vacant lot at 14 Mcadam Drive boasts a prime freehold status, sitting on a level 800sqm of land. With unknown specifics in terms of wall and roof construction, this property presents a clean slate for your dream home. The site offers an eight-meter height limit, promising unobstructed, panoramic views and all-day sun. Notably, it's located within a stone's throw from the Clubhouse and future Jack's Point Village amenities, ensuring an enviable lifestyle.

Since the latest sale in 2015 at $258,000, the property has seen a significant jump in value. As of September 2021, the government has valued it at $820,000, indicating a 105% increase from its $400,000 valuation in July 2017. HouGarden AVM estimates the property's worth at $815,000, making it an attractive investment opportunity with a clear capital value growth trajectory.

For families with school-aged children, the property falls within the zone of St Joseph's School, a full primary with a decile rating of 10. Additionally, Te Kura Whakatipu o Kawarau, also a full primary, is an available option. This combination of quality education and prime location makes this property a rare find.

Updated on November 08, 2024