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10 Adamson Drive, Arrowtown, Queenstown Lakes, 3 Bedrooms, 1 Bathrooms, House

Sold: $1,425,000

Sold on 2024 Year 2024 Month 06 Day 17

10 Adamson Drive, Arrowtown, Queenstown Lakes

3
1
74m2
506m2

Nestled in the charming Arrowtown, at 10 Adamson Drive, this freehold property is a 3-bedroom, 1-bathroom cottage, built in 1972 with iron roofing and wooden walls in good condition. It sits on a levelled 506sqm section with a floor area of 74sqm, and it's just a stone's throw away from the historic village, local schools, and the Four Square supermarket. The property's capital value has seen a remarkable increase of 61.54% from $780,000 in July 2017 to $1,260,000 as of September 2021. The HouGarden AVM estimates it at $1,225,000, while the latest sale was recorded at $1,425,000 in June 2024, a significant jump from the $415,000 sale in 2009. This is an ideal opportunity for first-home buyers, holidaymakers, or investors looking for a rental property in a high-demand area with excellent school zones, including the decile 10 rated Arrowtown School and St Joseph's School in Queenstown.

Updated on August 01, 2024

Council Data

Last update : 2025 01 29
Improvement value$230,000Increased by 9% from year 2017
Land value$1,030,000Increased by 80% from year 2017
CV(Year 2021 Month 09)$1,260,000Increased by 61% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourLevel
Land area506m²
Floor area74m²
Decade of construction1972
TitleOT5A/685
Type of titleFreehold
Legal descriptionLOT 49 DP 12719
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 49 DEPOSITED PLAN 12719,506m2
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningLow Density Residential Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Arrowtown School
0.68 km
Primary
1-8
Government
Co-Educational
EQI: 391
10
St Joseph's School (Queenstown)
16.41 km
Primary
1-8
Government
Co-Educational
EQI: 389
10

Property history

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For developers

Unitary plan:Low Density Residential Zone
Land:506m²
Title:Freehold

Surrounding facilities

Adamson Drive Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
3/21 Inverness Crescent, Arrowtown
0.17 km
2
1
60m2
Year 2024 Month 12 Day 06
-
Council approved
18 Centennial Avenue
0.45 km
3
2
112m2
Year 2024 Month 12 Day 05
-
Council approved
3/23 Inverness Crescent, Arrowtown
0.15 km
1
1
60m2
Year 2024 Month 10 Day 09
$765,000
Council approved
19 Inverness Crescent, Arrowtown
0.20 km
3
118m2
Year 2024 Month 09 Day 10
$1,505,000
Council approved
29 Bedford Street, Arrowtown
0.47 km
3
1
99m2
Year 2024 Month 09 Day 03
$1,850,000
Council approved

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