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Sold: $725,000

Sold on 2024 Year 2024 Month 03 Day 13

407/16 Mountain Ash Drive, Frankton, Queenstown Lakes

2
1
71m2

Nestled in the serene environment of 407/16 Mountain Ash Drive, this Frankton-based apartment boasts a modern design with 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 2021, the property features a mix of materials for the walls, an iron roof, and a level contour. The 71 square meter floor area is complemented by a unit title ownership and a well-maintained condition both inside and out.

With a consistent government valuation of $700,000 since 2017, the property's capital value has seen no increase, according to official records. However, the HouGarden AVM estimates the property at $670,000, while the latest sale history shows transactions at $725,000 in 2024 and $747,000 in 2018.

For families with children, the property falls within the zone of two highly rated schools - St Joseph's School and Remarkables Primary School, both Decile 10 institutions offering a full primary education.

Updated on April 10, 2024

Council Data

Last update : 2024 12 11
Improvement value$375,000Reduced by -18% from year 2017
Land value$325,000Increased by 35% from year 2017
CV(Year 2021 Month 09)$700,000Reduced by 0% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourLevel
Floor area71m²
Decade of construction2021
Title955427
Type of titleUnit Title
Legal descriptionUNIT 407 AU25 DP 552047
CouncilQueenstown Lakes
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 407 AND ACCESSORY UNIT 25 DEPOSITED PLAN 552047
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
1.61 km
Primary
1-8
Government
Co-Educational
EQI: 399
10
St Joseph's School (Queenstown)
6.74 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

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.07 km
3
109m2
Year 2024 Month 10 Day 10
$1,015,000
Council approved
201/30 Red Oaks Drive, Frankton
0.35 km
2
1
76m2
Year 2024 Month 09 Day 21
$770,000
Council approved
0.30 km
2
1
73m2
Year 2024 Month 08 Day 29
$815,000
Council approved
0.35 km
2
1
70m2
Year 2024 Month 08 Day 08
-
Council approved
0.00 km
2
1
71m2
Year 2024 Month 07 Day 01
$682,608
Council approved

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