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Photo of property in 493 Speargrass Flat Road, Lake Hayes, Queenstown, 9371

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493 Speargrass Flat Road Lake Hayes, 9371

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493 Speargrass Flat Road , Lake Hayes, 9371

8000 m²

276 m²

Property Type

Lifestyle

Year Built

2005

Last Sold on 24 May 2022 for $4,500,000

Settlement Date

15 Dec 2022

Sold By

Sothebys

Settlement Date

15 Dec 2022

Sold By

Sothebys

Estimated Value Range

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About 493 Speargrass Flat Road, Lake Hayes, Queenstown, 9371

493 Speargrass Flat Road, Lake Hayes, Queenstown, 9371 is a Lifestyle property built in 2005 with 3 bedrooms, 3 bathrooms and 1 parking space. The property is estimated to be valued in the range of $4,000,000 to $4,500,000.

The property last sold for $4,500,000 on 24 May 2022. It was sold by Sothebys. On 1 September 2021, 493 Speargrass Flat Road, Lake Hayes, Queenstown, 9371 had a Rating Valuation with a Capital Value of $3,280,000, Land Value of $1,700,000 and Improvement Value of $1,580,000.

Property History

Date	Type	Price	Agent/Agency
18 Sep 2023	Rented	$2,500
18 Jul 2022	ASKING PRICE	Price Not Disclosed
24 May 2022	SOLD	$4,500,000
25 Mar 2022	BY NEGOTIATION	Price Not Disclosed	Vanessa Sharp of New Zealand Sotheby’S International Realty – Arrowtown
17 Feb 2012	SOLD	$1,425,000	Michael Tierney of Ray White Arrowtown
1 Dec 2011	ASKING PRICE	Price Not Disclosed	Michael Tierney of Ray White Arrowtown
16 Jan 2007	DEADLINE PRIVATE TREATY	$1,750,000	Pete Townsend of Harcourts Queenstown Real Estate Ltd
12 Jul 1999	SOLD	$200,000
9 Oct 1994	SOLD	$185,000

Present Day

18 Sep

2023

Listed for Rent at $2,500

18 Jul

2022

Asking Price — Price Not Disclosed

24 May

2022

Sold for $4,500,000

2 years 6 months

25 Mar

2022

By Negotiation — Price Not Disclosed

Listed by Vanessa Sharp of New Zealand Sotheby’S International Realty – Arrowtown

17 Feb

2012

Sold for $1,425,000

12 years 9 months 7 days

Sold by Michael Tierney of Ray White Arrowtown

1 Dec

2011

Asking Price — Price Not Disclosed

Listed by Michael Tierney of Ray White Arrowtown

16 Jan

2007

Deadline Private Treaty — $1,750,000

Listed by Pete Townsend of Harcourts Queenstown Real Estate Ltd

2005

Property Built

12 Jul

1999

Sold for $200,000

25 years 4 months 12 days

9 Oct

1994

Sold for $185,000

30 years 1 month 15 days

Commute Calculator

Rating Valuation

Capital Value

$3,280,000

Land Value

$1,700,000

Improvement Value

$1,580,000

Legal Description(s)

Lot 5 Deposited Plan 23926

Valuation Date

01-09-2021

Valuation Reference

29071/16603

View Historical Valuations

Additional Information

Roof Construction

Steel/G-Iron

Zone

Rural Industry Zone E, 1E

Units of Use

Wall Construction

Mix.Material

Maori Land

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.