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Sold: $1,015,000

Sold on 2024 Year 2024 Month 10 Day 10

404/18 Mountain Ash Drive, Frankton, Queenstown Lakes

3
109m2

Nestled in the serene Frankton neighborhood of Queenstown Lakes, this contemporary 3-bedroom unit at 404/18 Mountain Ash Drive boasts an impressive floor area of 109 square meters. Constructed in 2021 with a mix of materials for the walls and iron for the roof, this unit is in a prime condition both inside and out. It features a Unit Title ownership, 2 carparks, and is situated in a level contour, enhancing its appeal. The property has seen a consistent Capital Value (CV) of $1,190,000 since 2017, indicating a stable investment opportunity.

With a HouGarden AVM of $1,180,000, the property's latest sale history includes transactions in 2024 for $1,015,000 and in 2021 for $990,150, showcasing a potential for growth. The CV increase percentage stands at 0.0%, reflecting a steady market evaluation.

For families with children, the property falls within the zone of two top-rated schools - St Joseph's School and Remarkables Primary School, both Decile 10 institutions, ensuring access to the best education in the area.

Updated on November 13, 2024

Council Data

Last update : 2024 12 11
Improvement value$690,000Reduced by -13% from year 2017
Land value$500,000Increased by 26% from year 2017
CV(Year 2021 Month 09)$1,190,000Reduced by 0% from year 2017
View typeNo appreciable view
ContourLevel
Floor area109m²
Decade of construction2021
Title955354
Type of titleUnit Title
Legal descriptionUNIT 404 AU5-AU6 DP 552046
CouncilQueenstown Lakes
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 404 AND ACCESSORY UNIT 5-6 DEPOSITED PLAN 552046
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
1.57 km
Primary
1-8
Government
Co-Educational
EQI: 399
10
St Joseph's School (Queenstown)
6.68 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

Mountain Ash Drive Neighborhood and Surrounding Data

Mortgage

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Sold date
Sold
Data source
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