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15a Mackinnon Terrace, Fernhill/Sunshine Bay, Queenstown Lakes, 3 Bedrooms, 0 Bathrooms, House

Sold: $1,465,000

Sold on 2024 Year 2024 Month 09 Day 12

15a Mackinnon Terrace, Fernhill/Sunshine Bay, Queenstown Lakes

3
114m2
772m2

Introducing 15A Mackinnon Terrace, a serene haven nestled in the picturesque Sunshine Bay. This impressive dwelling, built in 2017, boasts a freehold title on a large, elevated 772sqm section. The three-bedroom, two-bathroom home is a gem with its solid wood exterior walls and robust iron roof, both in excellent condition. The property's capital value has seen a rapid increase of 13.19% from $910,000 in 2017 to $1,030,000 as of 2021. The latest sales reflect a thriving market with transactions at $1,465,000 in 2024 and $1,350,000 in 2022. The HouGarden AVM estimates the property's worth at $990,000, making it an attractive investment.

For families, the property falls within the highly sought-after school zones of Queenstown Primary and St Joseph's School, both decile 10. The spacious open-plan living, kitchen, and dining area are complemented by expansive windows that frame the stunning Lake Wakatipu and mountain views. The master bedroom's ensuite ensures privacy, while the additional bedrooms offer versatility, suitable for guests or as a potential Airbnb rental. The property's winter-ready radiators, integrated security system, and remote heating adjustments provide comfort and peace of mind. It's fully furnished with new storage and a ski tuning room, appealing to outdoor enthusiasts.

With a consistent five-star Airbnb rating, this property has a proven track record of earning $600-$800 nightly, ranking in the top 5% of listings. Its potential for extended rental periods and prime location, just a five-minute drive from Queenstown CBD, make it an enticing opportunity for investors and holiday home seekers alike. Don't miss the chance to own a piece of paradise in this quiet cul-de-sac.

Updated on October 23, 2024

Council Data

Last update : 2024 12 11
Improvement value$500,000Increased by 2% from year 2017
Land value$530,000Increased by 26% from year 2017
CV(Year 2021 Month 09)$1,030,000Increased by 13% from year 2017
View typeFocal Point Of view - Water
ContourEasy/Moderate rise
Land area772m²
Floor area114m²
Decade of construction2017
Title742903
Type of titleFreehold
Legal descriptionLOT 1 DP 499894
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 499894,772m2
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningLow Density Residential Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Queenstown Primary School
3.10 km
Primary
1-8
Government
Co-Educational
EQI: 403
10
St Joseph's School (Queenstown)
3.31 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:772m²
Title:Freehold

Surrounding facilities

MacKinnon Terrace Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
12 Mackinnon Terrace, Fernhill/Sunshine Bay
0.11 km
3
2
127m2
Year 2024 Month 11 Day 08
$1,260,000
Council approved
12b Broadview Rise, Fernhill/Sunshine Bay
0.08 km
2
1
82m2
Year 2024 Month 10 Day 24
$880,000
Council approved
19a Watts Road, Fernhill/Sunshine Bay
0.16 km
3
150m2
Year 2024 Month 10 Day 11
$905,000
Council approved
58a Dart Place, Fernhill/Sunshine Bay
4.81 km
3
1
100m2
Year 2024 Month 09 Day 05
$1,120,000
Council approved
4.91 km
3
120m2
Year 2024 Month 07 Day 29
$999,000
Council approved

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