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Weekly Report

By on March 24, 2018
Welcome to this weeks property report. Snow has arrived! 30cm up at Cardrona yesterday afternoon and we’re definitely feeling the cooler mornings in our household.
I have just spent the last 24 hours taking three groups of buyers around a number of different properties, all wanting to lock in a piece of Wanaka before it grows further. A lot of discussions were had about the potential and probable expansion and use of the Wanaka Airport by Queenstown Airport, who are the current owners.
What this could bring to the town is anyone’s guess, but expansion and growth is expected. Locking in lake vi ews or property close to town now would be wise!
The auctions have just finished and the results were great:
First up was a wee gem in Hawea at 25 Lakeview Terrace, 6 bidders all having a crack at this one, so much room to expand on a really sunny spot so close to the lake, this sold under the hammer for $660,000.
Next up was a great family home under Mt Iron, right next to a large reserve the kids will enjoy one of the biggest back yards to play in! This did get very close but not quite getting to reserve…. we do not stop working post Auction, within three hours we had two conditional offers, with one been accepted selling for $885,000.
Back to Hawea for the next Auction at 14 Paradise Place, a very quiet and private family home; this sold under the hammer for $727,000.
Final property was the very plush 3 bedroom holiday home on Mountain View Drive, beautiful interior design for this one. This passed in, so if you have conditional interest please let me know (featured photo).
Next week is going to be busy….  Easter, Warbirds Over Wanaka and open homes!
If you are heading down this way, please get in touch if you see anything you like.
Have a great weekend

 

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