17 Andrew Don Drive, Lake Tekapo, Mackenzie

Located at 17 Andrew Don Drive, Lake Tekapo, Mackenzie, this unique residential dwelling offers a total of 5 bedrooms, with a main 3-bedroom home and two separate single-bedroom studios, all under one roof. Built in 2019, the property spans a floor area of 207 sqm on a 740 sqm freehold section. The house features mixed materials for walls and an iron roof, both in good condition, and is situated on a level contour. The property is well-appointed for visitor accommodation or permanent living, with a resource consent for up to 8 guests.

The government valuation has seen a steady increase, from $1,230,000 in October 2020 to $1,290,000 by July 2023, marking a 4.88% growth. The HouGarden AVM estimates the property's value at $1,235,000. The latest sale recorded was in May 2017 for $330,000. This property's capital value has been appreciating, indicating a solid investment opportunity.

In terms of education, the property is zoned for Craighead Diocesan School and Roncalli College, both highly regarded institutions with decile ratings of 9 and 7, respectively. This makes it an ideal location for families looking for quality education options.

Updated on April 04, 2024.