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Sold: $3,500,000

Sold on 2024 Year 2024 Month 11 Day 14

205 Glenda Drive, Frankton, Queenstown Lakes

656m2
1562m2

Nestled at 205 Glenda Drive in the serene Frankton, Queenstown Lakes, this industrial-light-manufacturing property is a prime example of a freehold treasure. Constructed in 2004 with iron for both the roof and walls, it stands firm with a good condition, both inside and out. The property spans a level contour with a floor area of 656 square meters and a land area of 1562 square meters, complete with a single carpark. It's a perfect blend of utility and comfort.

With a capital value that has seen a remarkable increase from $2,450,000 in July 2017 to $3,270,000 as of September 2021, indicating a 33.47% growth, this property also boasts a HouGarden AVM of $2,990,000. The latest sale history is a testament to its value, with a sale price of $3,500,000 on November 14, 2024, and a previous sale at $1,550,000 on April 28, 2011.

For families with children, the property falls within the zone of two top-rated full primary schools, St Joseph's School and Remarkables Primary School, both with a decile rating of 10. This is not just a property, it's an investment in a promising future.

Updated on December 11, 2024

Council Data

Last update : 2025 03 05
Improvement value$930,000Increased by 4% from year 2017
Land value$2,340,000Increased by 50% from year 2017
CV(Year 2021 Month 09)$3,270,000Increased by 33% from year 2017
View typeNo appreciable view
ContourLevel
Land area1562m²
Floor area656m²
Decade of construction2004
Title154287
Type of titleFreehold
Legal descriptionLOT 48 DP 337572
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 48 DEPOSITED PLAN 337572,1562m2
ConstructionExternal Walls: Iron
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningIndustrial A Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Remarkables Primary School
2.19 km
Primary
1-8
Government
Co-Educational
EQI: 399
10
St Joseph's School (Queenstown)
7.40 km
Primary
1-8
Government
Co-Educational
EQI: 389
10

Property history

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For developers

Unitary plan:Industrial A Zone
Land:1562m²
Title:Freehold

Surrounding facilities

Glenda Drive Neighborhood and Surrounding Data

Mortgage

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