27 Andrew Don Drive, Lake Tekapo, Mackenzie

Located at 27 Andrew Don Drive, Lake Tekapo, Mackenzie, this residential property is a prime example of a home and income investment. Built in 2023, the property features a total of five bedrooms and is constructed with mixed materials for the walls and iron for the roof, both in good condition. The property is freehold, with a floor area of 266 square meters and a land area of 651 square meters, offering two car parks. The level contour of the land makes it an attractive and accessible option for potential buyers.

The capital value of this property has shown a steady increase, with a valuation of $1,420,000 as of July 1, 2023, up from $1,350,000 on October 1, 2020, reflecting a growth rate of approximately 5.19%. The HouGarden AVM estimates the property's value at $1,362,500. The most recent sale of the property was on July 4, 2025, for $1,747,000. The property is expertly managed and has delivered exceptional rental returns, making it a lucrative investment opportunity.

For families considering educational opportunities, the property is within the zones of Craighead Diocesan School, a secondary school for years 7 to 15 with a decile rating of 9, and Roncalli College, a secondary school for years 9 to 15 with a decile rating of 7. These schools provide excellent educational environments, enhancing the property's appeal to families.

Updated on September 26, 2025