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48 Riverside Road, Frankton, Queenstown Lakes, 4 Bedrooms, 0 Bathrooms, House

Sold: $1,480,000

Sold on 2024 Year 2024 Month 08 Day 09

48 Riverside Road, Frankton, Queenstown Lakes

4
160m2
653m2

Nestled at 48 Riverside Road, Frankton, in the serene Queenstown Lakes, stands a charming 4-bedroom family home on a Freehold title. Constructed in 1987 with a mix of materials for the walls and Iron for the roof, this dwelling boasts a floor area of 160sqm and is set on a sprawling 653sqm of level land. The property features a single carpark, good condition walls and roof, and is equipped with a Yunca wood burner, gas fire, and mostly double-glazed windows. The CV has seen a growth of 6.93% from $1,010,000 in July 2017 to $1,080,000 as of September 2021, while the HouGarden AVM estimates it at $1,087,500. The latest sale history includes a transaction at $1,480,000 in August 2024 and $543,000 in February 2006.

For families with school-aged children, the property falls within the zone of St Joseph's School and Remarkables Primary School, both decile 10 institutions. This ensures a high-quality education is within easy reach. The property's convenient location near Remarkables Park, the gym, cafes, and Queenstown International Airport, further enhances its appeal.

With a sunny backyard, this home is perfect for relaxation and entertainment. The potential for adding a garage or flat (subject to council consent) makes it an attractive prospect for families, investors, and holiday home buyers. Don't miss the opportunity to secure this property, as it won't last long on the market.

Updated on September 11, 2024

Council Data

Last update : 2025 02 19
Improvement value$430,000Reduced by -14% from year 2017
Land value$650,000Increased by 27% from year 2017
CV(Year 2021 Month 09)$1,080,000Increased by 6% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourLevel
Land area653m²
Floor area160m²
Decade of construction1987
TitleOT11D/1384
Type of titleFreehold
Legal descriptionLOT 3 DP 20484
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 3 DEPOSITED PLAN 20484,653m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningLow Density Residential Zone

Similar Properties

School zones

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

Property history

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For developers

Unitary plan:Low Density Residential Zone
Land:653m²
Title:Freehold

Surrounding facilities

Riverside Road Neighborhood and Surrounding Data

Mortgage

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Year 2024 Month 09 Day 25
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