132 Main Road

Off Market

132 Main Road

Luggate Otago

1939 m²

Land

Phil Gilchrist, last sold this property on 16 July 2026 after 105 days on market.

Overview

Prime Development & Investment Opportunity

Astute investors and developers will recognise the potential in this 1,939m² high-profile site, zoned Settlement–Commercial Precinct under the Proposed District Plan. Located in the quaint historical gold mining township of Luggate, between Wānaka and Cromwell, this area has already experienced significant growth and development, with strong momentum expected to continue. Fronting State Highway 6, the property offers outstanding visibility and consistent traffic flow, key fundamentals for future commercial success. The site includes a large open-bay shed with concrete flooring, providing immediate utility for storage, yard use, or business operations while you plan and unlock its full development potential. Opportunities of this scale and positioning are increasingly scarce in this rapidly growing corridor. Contact us for further information.

Features

1939 m² lot size

Land

Estimated Value

Based on this property and similar land plots sold in Luggate over the last 12 months, the estimated median property value of 132 Main Road is $543.48k.

Median value

$543.48k

Estimated value range

$450k - $2.3m

Median days on market

114

Estimated value trend

-22%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Luggate. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 132 Main Road

2026

Sold

Undisclosed

16 Jul 2026 by Phil Gilchrist, of Prime Wanaka Limited

Happy sellers in Luggate

80%

80% of sellers in Luggate reported that their sale price either exceeded or met their price expectations.

Luggate stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Luggate over the last 12 months.

Local market activity for land plots in Luggate

In the last 12 months, 12 land plots similar to 132 Main Road, have been sold.

This represents a 34% increase in land plots sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Luggate for a free market appraisal.

Stephanie Georgalli

at Team Lisinda & Steph

(38 reviews)

Get a free market appraisal

Lisinda Rickman

at Team Lisinda & Steph

(35 reviews)

Get a free market appraisal

Tom Finden

at Harcourts Wanaka

4.9

(73 reviews)

Get a free market appraisal

Shannon Wilson

at LJ Hooker Wanaka

(20 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Luggate

Stephanie Georgalli

Sellers who recommend Stephanie Georgalli have praised them for being clear communication, local expert, hard-working, friendly, patient, well-prepared and honest