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Sold: $815,000

Sold on 2024 Year 2024 Month 08 Day 29

301/34 Red Oaks Drive, Frankton, Queenstown Lakes

2
1
73m2

Nestled at 301/34 Red Oaks Drive in the serene Frankton, Queenstown Lakes, this residential apartment boasts a modern design with 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 2022, the property features a mix of materials for the walls, an iron roof, and is maintained in good condition both inside and out. The 73 square meter floor area is complemented by a level contour, ensuring a spacious and practical living environment. As a unit title, this property presents an attractive opportunity for investors and homeowners alike.

With a government valuation of $805,000 as of September 2021, the property's value has shown a promising increase. The HouGarden AVM estimates the property's worth at $810,000, while the latest sale on August 29, 2024, was at $815,000, indicating a healthy growth rate in capital value. This trend is a testament to the property's appeal and investment potential.

For families with children, the property falls within the highly sought-after school zones of St Joseph's School and Remarkables Primary School, both decile 10 institutions. This ensures access to top-quality education, making the property even more desirable for those with a long-term perspective.

Updated on September 25, 2024

Council Data

Last update : 2025 01 15
Improvement value$445,000
Land value$360,000
CV(Year 2021 Month 09)$805,000
View typeFocal Point Of view - Other
ContourLevel
Floor area73m²
Decade of construction2022
Title1000776
Type of titleUnit Title
Legal descriptionPU 301 DP 563272 AND AUB24 DP 563272
CouncilQueenstown Lakes
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 301 DEPOSITED PLAN 563272 AND ACCESSORY UNIT B24 DEPOSITED PLAN 563272
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningRemarkables Park Zone

School zones

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

Property history

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For developers

Unitary plan:Remarkables Park Zone
Land:-
Title:Unit Title

Surrounding facilities

Red Oaks Drive Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
201/30 Red Oaks Drive, Frankton
0.07 km
2
1
76m2
Year 2024 Month 09 Day 21
$770,000
Council approved
0.23 km
3
1
78m2
Year 2024 Month 09 Day 06
$799,000
Council approved
0.23 km
2
1
62m2
Year 2024 Month 09 Day 03
$720,000
Council approved
0.07 km
2
1
70m2
Year 2024 Month 08 Day 08
-
Council approved
0.23 km
1
1
49m2
Year 2024 Month 07 Day 24
$575,000
Council approved

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