Located in the serene environment of Jacks Point, Queenstown Lakes, this vacant residential property at Kingston Road offers a unique opportunity for potential homeowners or investors. With a land area of 443 square meters, the property boasts a freehold ownership type, ensuring long-term security and value. Although the specifics regarding bedrooms, bathrooms, and floor area are not provided, the property's potential for customization and development is vast. The property's exterior and roof construction details remain unknown, indicating a blank canvas for new owners to design and build according to their preferences. The level property contour further simplifies construction and landscaping efforts.
The property's capital value as of September 2021 was recorded at $400,000. However, a recent sale on October 12, 2022, saw the property fetching $410,000, showcasing a positive trend in its market value. The HouGarden AVM estimates the property's value at $392,500, slightly below the latest sale price, indicating a competitive market presence. This upward trajectory in value highlights the property's investment potential and the growing interest in the Queenstown Lakes area.
While specific school zoning information is not provided, the Queenstown Lakes region is known for its quality educational institutions. Potential buyers with families will find this location appealing for its lifestyle and educational opportunities, making it an ideal setting for building a dream home or securing a valuable investment.