Finding a picture…
$619,000
Your Alpine Lifestyle Awaits
50 Lee Avenue, Cardrona
Sotheby's - Queenstown
1 / 13
Unclaimed
8 Lafranchi Lane, Cardrona
Wānaka · Queenstown-Lakes District
$1,250,000
Being sold by Court-ordered sale
Under a court order, usually by the Sheriff on a judgment. A forced sale is usually sold as is: the seller has never lived there and may give no warranties, so check the title, LIM and building before you offer.
- 3
- 2
- 106m²
- 265 m²
- New house and land package
The Chalet
The Chalet is designed with a nod to the nineteenth century Central Otago buildings, with reference to traditional farm buildings.
Materials emphasise local, rugged character: corrugated profile galvanised steel cladding and timber are used as primary exterior finishes, paired with contemporary aluminium joinery.
Detailing is refined and contemporary, but durable and low maintenance for high-country conditions.
Large areas of glazing to the north facade provide natural light deep into the home.
Internally the main living, kitchen and dining areas are open-plan and oriented to capture north-facing views. Bedrooms and service spaces located to the south of the building. This layout aims to balance generous social space with cosy, sheltered sleeping wings.
Offered as a complete Land, Build and Landscape package, the Chalet design lends itself to the perfect ski holiday home, rental property or both.
OwnBetter estimate
$420k
Low confidence
We estimate it would sell for $420,000 as at 5 October 2026, in a range of $345,000 to $512,000.
Typical home in Cardrona
$900k
The median of our estimates of its 175 homes
$345kLow
$390kCouncil value
$420kEstimate
$512kHigh
How we worked this out
| Council valuation, Sept 2024 | $390,000 |
|---|---|
| Market movement in Queenstown-Lakes District since the council valuation | +6.4% |
| How Cardrona sells against council values | +1.1% |
| Homes in this price range | +0.3% |
| Land as a share of the value | −0.7% |
| Nearby recent sales (6) | +0.4% |
| Our estimate | $420,000 |
We start from the council's rating valuation, move it by how sales in the area have moved since against their own council values, then by how properties like this one, nearby sales have done against the same arithmetic. Each step is an average of real sales. Tested every month against sales we had not seen: half land within about 6% of our estimate, and about 8 in 10 within the range. This is an automated estimate, not a registered valuation.
My notes
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Sign in for the free reportHome expense estimates
Estimates from the floor area and typical New Zealand prices, not quotes. Power, gas and internet details from the Electricity Authority and Gas Industry Co registries and Chorus.
Home loan
Every rate from 36 lenders →What it would cost to buy 8 Lafranchi Lane
Estimated repayments
$784
$336,000 at 4.49% 1 year fixed with China Construction Bank, over 30 years Loan length
1 year fixed today · 17 lenders
Lowest4.49%
CCB · special
CCB · specialAverage5.02%
Highest5.35%
Kookmin
KookminThe lowest rather than the highest is $81 less a fortnight — about $2,108 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$784/fn
ICBC4.65%s$799/fn
Bank of China4.68%s$802/fn
AIA New Zealand4.99%$831/fn
ANZ Bank New Zealand4.99%s$831/fn
ASB Bank4.99%$831/fn
Bank of Baroda4.99%$831/fn
Police Credit Union4.99%$831/fn
TSB Bank4.99%s$831/fn
Unity Credit Union4.99%s$831/fn
Kiwibank5.15%s$846/fn
Bank of New Zealand5.19%$850/fn
SBS Bank5.19%s$850/fn
The Co-operative Bank5.19%s$850/fn
Westpac New Zealand5.19%s$850/fn
First Credit Union5.29%s$860/fn- Kookmin Bank Auckland Branch5.35%$866/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 8 Lafranchi Lane. Free for you — lenders pay brokers — and nobody sees your name until you choose one.
Principal and interest at the lowest advertised card rate, held for the whole loan — no New Zealand rate is. A guide, not a lending offer or financial advice. How much could you borrow? · Mortgage calculator
Property data
- Property categoryUse not published
- CouncilQueenstown-Lakes District
- Valuation #29061-21122
- Valuation date1 Sep 2024
From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.
Title and land
Order a title record- Title number1117927
- Title typeFreeholdGuaranteedStandard registered title
- Estate descriptionFee Simple, 1/1, Lot 307 Deposited Plan 588171, 265 m2
- Legal descriptionLot 307 Deposited Plan 588171
- Land area265 m²
- Title issued11 Oct 2023
- Land districtOtago
Registered instruments27 registered instruments on this title, +1 statutory memorialEasement Instrument ×10 · Land Covenant under s116(1)(a) or (b) Land Transfer Act 2017 ×5 · Encumbrance ×4 · Memorandum of Priority/Mortgage Priority Instrument ×2 · Mortgage ×2 · Consent Notice under s221(4)(a) Resource Management Act 1991 · Transfer · Transfer and Grant of Easement See the title summary →
- Worth asking aboutCourt orderon this titleA court order affects this title. Ask your lawyer what it covers.
Owners and the parties to each instrument are not published on this page. Order the record of title to see them.
Getting around
Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.
Building consents
Building work the council has consented on this property, newest first. 1 consent on record.
- 16 Jul 2026New$900,000 declared
Construction of two storey dwelling with attached garage
Consent BC260830 · Queenstown-Lakes District
Resource consents
What the council has been asked to allow under the Resource Management Act. None on this property · 1 land use or subdivision consent within 250 m.
Within 250 m
- 19 Dec 2023Land use
I NAPIER & J MONGOMERY - CONSTRUCTION OF A RESIDENTIAL UNIT WITH GARAGE FORWARD OF FRONT FACADE, LOCATE A STRUCTURE IN OPEN SPACE AREA ACTIVITY AREA 6, BREACH VEHICLE ACCESS GRADIENT AND TO VARY CONSENT NOTICE CONDITION AT 25 LEE AVENUE, WANAKA
RM230973 · Queenstown-Lakes District75 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
Unclaimed
Nobody is tracking this property yet
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What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
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3Providers compete for itPut the mortgage, the insurance and the power out to people who want the business — on your terms, when you ask.
4Everything else you ownOne search finds other titles in your name and in companies you are a director of.
Zoning and hazards
What the council's published maps say about this land. A map is a model of a storm, not a record of one: a LIM or a flood report says more.
We do not hold flood maps for Queenstown-Lakes District yet.
Contaminated land
Councils keep registers of land used for activities on the Hazardous Activities and Industries List (HAIL) — service stations, timber treatment, orchards, landfills. A listing records how land was used, not that it is contaminated: most sites have never been tested.
Otago Regional Council will say more about a listed site on request; quote its HAIL number.
Ask Otago Regional CouncilWhat could you build here?
See how big a house this section takes at one, two and three storeys, inside the zone’s yards and height rules. Then ask builders to price the shape you pick.
About Cardrona
Queenstown-Lakes District
310
Properties on the rating roll
1 Sep 2024
Last council revaluation
Counts describe the records we hold for this territorial authority, not a market forecast. Our estimate above is automated, not a registered valuation; how it was reached is shown with it. Every council figure on this page can be checked against the council's own record.
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Agents active in Cardrona
People whose office is within 5 km of Cardrona, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Ray White
Sarah MareSalesperson
Ray White
Cameron ReedSalesperson
Ray White
Julie ScottSalesperson
Vanessa Buckley-SharpSalesperson
Jason DrewettSalesperson
Felicity HannaSalesperson
Angela ImlachSalesperson
Nathan ImlachSalesperson
Carl JohnstonSalesperson
Stephanie McMeekenSalesperson
George PassmoreSalesperson
Independent
Eliott AllemandSalesperson
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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