Nestled on Kidson Lane in the serene Wanaka, Queenstown Lakes, this residential vacant land boasts a freehold title, offering a promising investment opportunity. The property spans a levelled 900 square meters, with the specifics of the wall and roof construction yet to be determined.
As per the government's valuation, the capital value has seen a significant leap from $950,000 in July 2017 to $1,430,000 as of September 2021, marking a growth rate of 50.53%. The HouGarden AVM estimates the property's worth at $1,310,000. The latest sale history includes a transaction of $1,700,000 in November 2024 and $886,000 in February 2017.
For families with children, the property falls within the highly sought-after school zone of Wanaka Primary School, a contributing school with a perfect decile score of 10.
Updated on December 18, 2024