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1220 Gibbston Highway Arrow Junction, 9371


1220 Gibbston Highway , Arrow Junction, 9371
bed4
bathroom3
car1
land2.5 ha
floor267 m2
Property Type
Lifestyle
Year Built
2005
Last Sold on 1 May 2021 for $2,960,000
Settlement Date
02 Aug 2021
Sold By
Ray White Queenstown (Wakatipu Realty Group Ltd)
Settlement Date
02 Aug 2021
Sold By
Ray White Queenstown (Wakatipu Realty Group Ltd)

Estimated Value Range  

Low Confidence
  

Low
High
confidence marker image
$4.50M
$5.00M

About 1220 Gibbston Highway, Arrow Junction, Queenstown, 9371

1220 Gibbston Highway, Arrow Junction, Queenstown, 9371 is a Lifestyle property built in 2005 with 4 bedrooms, 3 bathrooms and 1 parking space. The property is estimated to be valued in the range of $4,500,000 to $5,000,000.

The property last sold for $2,960,000 on 1 May 2021. It was sold by Ray White Queenstown (Wakatipu Realty Group Ltd), and took 11 days to sell. On 1 September 2021, 1220 Gibbston Highway, Arrow Junction, Queenstown, 9371 had a Rating Valuation with a Capital Value of $3,210,000, Land Value of $1,570,000 and Improvement Value of $1,640,000.

Property History

DateTypePriceAgent/Agency
1 May 2021SOLD$2,960,000
21 Apr 2021ASKING PRICE$2,895,000Pieter Werbrouck of Ray White Queenstown (Wakatipu Realty Group Ltd)
10 Sep 2015SOLD$1,800,000Terry Spice of Luxury Real Estate Ltd
29 Jul 2015ASKING PRICE$1,895,000Terry Spice of Luxury Real Estate Ltd
24 Jul 2014DEADLINE PRIVATE TREATY$1,895,000Spice Terry of Luxury Real Estate Ltd
12 May 2004SOLD$650,000
1 Apr 2002SOLD$220,000
Present Day
1 May
2021
Sold for $2,960,000
3 years 6 months 22 days
21 Apr
2021
Asking Price — $2,895,000
Listed by Pieter Werbrouck of Ray White Queenstown (Wakatipu Realty Group Ltd)
10 Sep
2015
Sold for $1,800,000
9 years 2 months 12 days
Sold by Terry Spice of Luxury Real Estate Ltd
29 Jul
2015
Asking Price — $1,895,000
Listed by Terry Spice of Luxury Real Estate Ltd
24 Jul
2014
Deadline Private Treaty — $1,895,000
Listed by Spice Terry of Luxury Real Estate Ltd
2005
Property Built
12 May
2004
Sold for $650,000
20 years 6 months 10 days
1 Apr
2002
Sold for $220,000
22 years 7 months 21 days

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Rating Valuation

Capital Value
$3,210,000
Land Value
$1,570,000
Improvement Value
$1,640,000
Legal Description(s)

Lot 2 Deposited Plan 300878

Valuation Date
01-09-2021
Valuation Reference
29072/13502

Additional Information

Roof Construction
Steel/G-Iron
Zone
Rural Industry Zone A, 1A
Units of Use
1
Wall Construction
Brick
Maori Land
No
Territorial Authority
Queenstown-lakes District
Land Use
Single Unit - Lifestyle

Suburb Insights

Comparable Properties

There are no similar properties in the area that are listed for sale or recently sold.