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70 Lagoon Avenue, Albert Town, Queenstown Lakes, 3 Bedrooms, 2 Bathrooms, House

Sold: $1,300,000

Sold on 2024 Year 2024 Month 10 Day 10

70 Lagoon Avenue, Albert Town, Queenstown Lakes

3
2
201m2
877m2

Nestled in the serene Albert Town, this idyllic 3-bedroom, 2-bathroom residence on 70 Lagoon Avenue is a freehold property that exudes tranquility. Constructed in 1995 with roughcast walls and an iron roof in good condition, it sits on a steep fall site with a floor area of 201sqm and a land area of 877sqm. The property not only offers privacy and stunning natural landscapes but also boasts a capital value increase of 57.14% from $770,000 in July 2017 to $1,210,000 as of September 2021. The HouGarden AVM estimates the property's value at $1,200,000, while the latest sales history shows a significant jump from $480,000 in June 2014 to $1,300,000 in October 2024.

With a carpark and a fenced garden extending to the water's edge, this home is not just a sanctuary but also an investment. It is within the Te Kura O Take Karara school zone, a contributing school with a decile rating of 10, ensuring top-notch education for the family. The property's unique positioning adjacent to the Albert Town Lagoon Reserve allows for a playful scenery of wildlife, making it a rare find in the Queenstown Lakes district.

Here, you can enjoy the best of both worlds - the peace and tranquillity of living with nature, and the convenience of being close to town. This is a slice of paradise waiting to be cherished by its next owner.

Updated on November 27, 2024

Council Data

Last update : 2025 02 12
Improvement value$325,000Reduced by -4% from year 2017
Land value$885,000Increased by 105% from year 2017
CV(Year 2021 Month 09)$1,210,000Increased by 57% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourSteep Fall
Land area877m²
Floor area201m²
Decade of construction1995
TitleOT16B/1059
Type of titleFreehold
Legal descriptionLOT 6 DP 24481 BLK IV LOWER WANAKA SD
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 6 DEPOSITED PLAN 24481,877m2
ConstructionExternal Walls: Roughcast
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningTownship Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Kura O Take Kārara
3.29 km
Primary
1-6
Government
Co-Educational
EQI: 411
10

Property history

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For developers

Unitary plan:Township Zone
Land:877m²
Title:Freehold

Surrounding facilities

Lagoon Avenue Neighborhood and Surrounding Data

Mortgage

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Data source
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