Nestled in the tranquil Lake Hayes Estate of Queenstown, this exquisite residence on 52 Hope Avenue boasts a freehold title and a spacious floor area of 225 square meters. Constructed in 2006 with a mix of materials for the walls and iron for the roof, both in good condition, the property sits on a levelled 756 square meters of land. It offers 4 bedrooms, 3 bathrooms, and 2 car parks, exuding both comfort and practicality. The master bedroom features an ensuite and a bonus room suitable for a home office or walk-in wardrobe. The heart of the home is a generous family lounge with a large wood burner, complemented by a Google Home-controlled central heating system. The open-plan kitchen with a concrete island and the seamless flow to the backyard make it perfect for entertaining.
As for investment value, the property has seen a significant Capital Value increase of 24.51% from $1,020,000 in July 2017 to $1,270,000 as of September 2021. The HouGarden AVM estimates the property's value at $1,240,000. Notably, the latest sale history includes transactions at $598,000 in February 2013 and $522,000 in February 2009.
For families with children, the property falls within the highly rated school zones of St Joseph's School and Shotover Primary School, both decile 10. This dream home, with its separate one-bedroom unit, spa area, and vegetable garden, presents a unique opportunity for versatile living in a sought-after location.
Updated on August 29, 2024