Nestled at 6 Keown Street, Wanaka, within the prestigious Queenstown Lakes district, this vacant residential plot on a level contour boasts a freehold title, offering a prime opportunity to build your dream home. With an impressive land area of 514m², this north-facing section provides panoramic 360-degree mountain views and is situated in a serene cul-de-sac, ensuring privacy and tranquility. While the specifics of the wall and roof construction remain unknown, the potential is palpable in this prime location, just a 20-minute walk from the vibrant Wanaka town center and in close proximity to Te Kura O Take Kārara school, the Three Parks shopping center, and various amenities like cafes, restaurants, Rubys Cinema, and the Wanaka Golf Course. Titled and ready for development, this property is a golden opportunity not to be missed.
As for the financials, the property’s Capital Value (CV) as of September 2021 stands at $590,000, with a HouGarden AVM estimate of $547,500. The latest sale on April 9, 2021, was for $570,000, indicating a promising growth trend in property value. This is a chance to invest in a rapidly appreciating asset in a sought-after area.
For families with children, the school network is a significant draw. The property falls within the catchment area of highly-rated schools, including Te Kura O Take Kārara, ensuring access to quality education. This, combined with the property’s location and growth potential, makes it an ideal choice for both investors and families looking for a sound real estate investment.
Updated on June 07, 2024