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21 Inverness Crescent, Arrowtown, Queenstown Lakes, 0 Bedrooms, 1 Bathrooms, Unit

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 12 Day 06

21 Inverness Crescent, Arrowtown, Queenstown Lakes

1
60m2

Welcome to 3/21 Inverness Crescent, a beautifully renovated two-bedroom, one-bathroom unit in a serene cul-de-sac of classic Arrowtown A-Frames. This freehold property, built in 1970 with iron roofing and wooden walls in good condition, offers an inviting 60 square meters of floor area and a carpark. The capital value has seen a 24% increase from $500,000 in July 2017 to $620,000 as of September 2021. The latest sale was for $660,000 in October 2021, showing a significant appreciation from the previous sale in July 2008 for $254,000. The HouGarden AVM estimates the property at $567,500. This residence is perfect for those seeking entry into the Arrowtown community or for investors looking to expand their portfolio.

With a heat pump for climate control, this unit is ideally located near Arrowtown's picturesque streets and natural reserves. It's zoned for the highly rated Arrowtown School and St Joseph's School, both decile 10. The open-plan living area and recently renovated kitchen with ample bench space and modern finishes make it perfect for entertaining. The bedrooms are spacious, with the master bedroom featuring a built-in wardrobe. The bathroom is well-appointed with a combined laundry, maximizing space and convenience.

Enjoy the convenience of Arrowtown's prime location with cafes, shops, and scenic walking trails nearby. This unit's desirable location makes it an ideal retreat for downsizers, holidaymakers, or those seeking a low-maintenance investment. Don't miss this rare opportunity to own a piece of Arrowtown's charm.

Updated on December 07, 2024

Council Data

Last update : 2025 02 12
Improvement value$370,000Increased by 5% from year 2017
Land value$320,000Increased by 113% from year 2017
CV(Year 2021 Month 09)$690,000Increased by 38% from year 2017
View typeNo appreciable view
ContourLevel
Floor area60m²
Decade of construction1970
TitleOT8D/767
Type of titleCross-Lease
Legal descriptionFLAT 3 DP 17594 ON LOT 2 DP 15406 - HAVING 1/6 SH IN 2020M2
CouncilQueenstown Lakes
Estate descriptionFSIM,1/6,LOT 2 DEPOSITED PLAN 15406,2020m2
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningLow Density Residential Zone

Similar Properties

School zones

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

Property history

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Unitary plan:Low Density Residential Zone
Land:-
Title:Cross-Lease

Surrounding facilities

Inverness Crescent Neighborhood and Surrounding Data

Mortgage

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