4b-B Lake Avenue, Frankton, Queenstown Lakes

Nestled in the serene Lake Avenue of Frankton, Queenstown Lakes, this residential unit titled property is a charming blend of modern comfort and classic construction. Built in 1960 with mixed materials for the walls and iron for the roof, the property stands testament to enduring quality, maintaining a good condition both inside and out. It boasts a single bathroom and a modest floor area of 40 square meters, perfect for a cozy lifestyle. The absence of dedicated car parks adds to the tranquility of this home, situated in a quiet cul-de-sac.

Over the years, the capital value has seen a remarkable increase of 32.76%, from $290,000 in July 2017 to $385,000 as of September 2021. The HouGarden AVM estimates the property’s worth at $352,500, while the latest sales history shows a sale price of $474,100 in November 2024, and $339,000 in February 2020, indicating a consistent growth trend in the property’s market value.

For families with children, the property falls within the highly sought-after school zones of St Joseph's School and Remarkables Primary School, both of which are full primary schools with a decile rating of 10, ensuring top-notch education for young learners.

Updated on December 11, 2024