What is the sales history of this property?

The property has no recorded sales in the available history and was most recently listed in August 2026. Earlier listing records on the page show marketing activity in July 2026 and October 2025.

What are the CV and land details?

The property had a 2023 government CV of $320,000, up approximately 45% compared to 2020, with the land value accounting for the entire $320,000. The site is held under Freehold title, features a level 772m² vacant contour, and falls under Waitaki Council jurisdiction.

What is the zoning and land like?

This freehold vacant residential site spans 772 square metres with a level land contour. The site is classified as a residential vacant lot under Waitaki District Council.

What is the neighbourhood like?

Properties in the Albert Place neighborhood have a median CV of around $620,000, with home values primarily concentrated between $500,000 and $1 million. The area is predominantly composed of 3-bedroom layouts and all recorded properties are under Freehold title.

Exterior - 3 Albert Place, Otematata, Waitaki District, Otago

Enquiries Over $408,000

3 Albert Place, Otematata, Waitaki District, Otago

Key Facts

Type of titleFreehold

Property TypeResidential - Vacant

Land area772m²

ConstructionExternal Walls: Unknown Roof: Unknown

Building ConditionExternal Walls: Unknown Roof: Unknown

Time on the market112 days

Otematata Build Your Otematata Dream

SectionListed on Tue Jul 21

Centrally located in the heart of Otematata, this 772m² section offers a rare opportunity to secure your piece of this holiday destination. Opportunities to build in Otematata don't come along often, making this a chance to create a home or holiday escape exactly the way you've envisioned.

Just minutes from town amenities, local cafes, and essential services, this section combines convenience with the relaxed pace of small-town living. The surrounding lakes, rivers, and outdoor recreation spots provide endless possibilities for boating, fishing, hiking, and enjoying the natural beauty of the region.

Whether you're planning a permanent family home, a cosy bach for weekend getaways, or a tranquil retreat to escape the hustle and bustle, this section gives you the freedom to design a property that perfectly suits your lifestyle. There is also the option to explore a house and land package with Stroud Homes, offering a simplified and stress-free path to bringing your vision to life - https://www.stroudhomes.co.nz/house-land-packages/?region=no-region&pg=1&search_text=Otematata

With land opportunities in Otematata minimal and rarely coming onto the market, 3 Albert Place is a blank canvas, with services to the boundary, it is ready for you to make your own. Don't miss your chance to secure a spot in this delightful lakeside town.

Contact Karan and the team from LJ Hooker to receive the property file and to even meet on site to discuss your dream build.

Land Size: 772m2

Property highlights

772m² Level Freehold Section
772m² freehold vacant residential parcel, level contour, services connected to boundary.
Central Otematata Location
Minutes to town amenities, local cafes, essential services, nearby lakes and rivers.
House and Land Package Option
Blank canvas section with option to explore a house and land package with Stroud Homes.