20/1066 Frankton Road, Frankton, Queenstown Lakes

Positioned in the serene cul-de-sac of 20/1066 Frankton Road, Frankton, within the esteemed Queenstown Lakes district, this 1995-built unit boasts a 2-bedroom, 1-bathroom layout with a single car park. Constructed with robust concrete walls and an iron roof, both in good condition, the property sits on a level contour and is governed by a Unit Title. The capital value has seen a remarkable increase of 50.7% from $345,000 in July 2017 to $520,000 as of September 2021, indicating a strong investment potential. The latest sales history showcases a sale price of $574,000 in September 2024, up from $461,500 in June 2018, further validating the property's rising worth. The HouGarden AVM estimates the property's value at $500,000, making it an attractive opportunity for potential buyers.

With regards to educational facilities, the property falls within the zone for both St Joseph's School (Queenstown) and Remarkables Primary School, both of which are decile 10 institutions, indicating a high standard of education available to the residents.

Whether you're looking for a comfortable family home or a sound investment, this property's location, combined with its CV growth history and school zoning, presents an unparalleled opportunity in Queenstown's desirable real estate market.

Updated on October 23, 2024