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FOR SALE

224 Te Muna Road Martinborough, 5784


224 Te Muna Road , Martinborough, 5784
bed-
bathroom1
car2
land1.7 ha
floor182 m2
Property Type
Lifestyle
Year Built
2006
Last Sold on 13 Nov 2023 for $2,400,000
Settlement Date
11 Jul 2024
Sold By
Colliers, Blenheim, Marlborough Rural Realty Ltd, (Licensed: Reaa 2008)
Settlement Date
11 Jul 2024
Sold By
Colliers, Blenheim, Marlborough Rural Realty Ltd, (Licensed: Reaa 2008)

Estimated Value Range  

Medium Confidence
  

Low
High
confidence marker image
$2.00M
$2.20M

About Redbank Estate, 224 Te Muna Road, Martinborough, 5784

Redbank Estate, 224 Te Muna Road, Martinborough, 5784 is a Lifestyle property built in 2006 with 0 bedrooms, 1 bathroom and 2 parking spaces. The property is estimated to be valued in the range of $2,000,000 to $2,200,000.

The property last sold for $2,400,000 on 13 November 2023. It was sold by Colliers, Blenheim, Marlborough Rural Realty Ltd, (Licensed: Reaa 2008), and took 383 days to sell. On 1 September 2023, Redbank Estate, 224 Te Muna Road, Martinborough, 5784 had a Rating Valuation with a Capital Value of $2,030,000, Land Value of $410,000 and Improvement Value of $1,620,000.

Property History

DateTypePriceAgent/Agency
14 Nov 2024BY NEGOTIATIONPrice Not DisclosedMike Laven of Colliers, Blenheim, Marlborough Rural Realty Ltd, (Licensed: Reaa 2008)
13 Nov 2023SOLD$2,400,000Mike Laven of Colliers, Blenheim, Marlborough Rural Realty Ltd, (Licensed: Reaa 2008)
3 Aug 2023BY NEGOTIATIONPrice Not DisclosedMike Laven of Colliers, Blenheim, Marlborough Rural Realty Ltd, (Licensed: Reaa 2008)
1 Apr 1996SOLD$174,000
Present Day
14 Nov
2024
By Negotiation — Price Not Disclosed
Listed by Mike Laven of Colliers, Blenheim, Marlborough Rural Realty Ltd, (Licensed: Reaa 2008)
13 Nov
2023
Sold for $2,400,000
1 year 1 month 14 days
Sold by Mike Laven of Colliers, Blenheim, Marlborough Rural Realty Ltd, (Licensed: Reaa 2008)
3 Aug
2023
By Negotiation — Price Not Disclosed
Listed by Mike Laven of Colliers, Blenheim, Marlborough Rural Realty Ltd, (Licensed: Reaa 2008)
2006
Property Built
1 Apr
1996
Sold for $174,000
28 years 8 months 26 days

Commute Calculator

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Rating Valuation

Capital Value
$2,030,000
Land Value
$410,000
Improvement Value
$1,620,000
Legal Description(s)

Lot 1 Deposited Plan 600775

Valuation Date
01-09-2023
Valuation Reference
18310/7804

Additional Information

Roof Construction
Steel/G-Iron
Zone
Rural Industry Zone A, 1A
Units of Use
1
Wall Construction
Weatherboard
Maori Land
No
Territorial Authority
South Wairarapa District
Land Use
Market Gardens and Orchards

Suburb Insights

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