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Weekly Property Update

By on September 23, 2017

Welcome to this week’s property report.  Well given that our auction room yesterday was at bursting point, you would never have thought that the General Election was being held today! Demand for a full range of homes in Wanaka was clearly evident.

Key results:

136 Lismore Street had significant interest throughout its marketing period (featured photo) – this sold under the hammer for $2,150,000 with fierce bidding. If you have a property with lake views and are considering selling, I have a number of cash buyers ready to go with budgets well in excess of $1.5M. Please get in contact with me if you want to test the market.

1/22 Matai Road  still one of my favoured rental options for short term rentals upstairs and downstairs, this sold for $830,000.

37 Dungarvon, returning $52K a year from short term rental was great buying for one happy person paying $1,260,000.

16 Bell Street Hawea provided a perfect holiday hang out this sold for $615,500.

26 Kings Drive was an established family home very close to school and walking distance to town sold for $950,000 with two bidders going head to head.

5B Hogan Lane  was passed in at $705,000. Open to conditional offers now.

 

A quick summary of property that we viewed this week on our property caravan.

  1. A stunning 4000sqm section with lake views, these do not come along often.  Exclusive end of town, quiet listing so please get in touch.
  2. Large established flat land off Cardrona Valley road, good buying with ample space and great mountain views.
  3. Family home with 3 bedrooms under Mount Iron, very really tidy and going to auction shortly.
  4. Entry level cottage in Albert Town with a heap of garaging for storage. Could be perfect for a tradie and their tool or someone who loves the outdoors and has a lot of toys!

 

If any of those properties sound interesting please get in touch.

 

Last week I featured an interview with the couple behind Maude Wines, Sarah-Kate and Dan Dineen. The feedback has been great on this article, do look out for them this week on Country Calendar! Article link if you missed it ARTICLE 

 

I will be in Auckland next week from Thursday to Sunday, so if you are Auckland based and would like to meet and discuss any property options with me please let me know.

I always look forward to your feedback, so if there’s something that you’re after, please get in touch. Have a great weekend I look forward to speaking to you soon.

Best regards

 

Mitch

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MITCH CAMPBELL

mitch campbell

Welcome to my property hub, a place designed to showcase the very best of premium property in Central Otago and provide you with everything you need to ensure that your journey of buying or selling in this beautiful region is as smooth as possible.

I wanted to create a platform to share insights and knowledge on everything property-based from the Wanaka region, but also feature outstanding design products, interviews with industry locals, interesting architectural work and new trends to help inspire you with your own plans.

If you're looking at either buying or selling in the Wanaka region, please get in touch and let me help you achieve those goals.

Email mitch.campbell@raywhite.com
Phone number: 021 2424 280