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6 Masons Court, Lower Shotover, Queenstown Lakes, 4 Bedrooms, 0 Bathrooms

Sold: $1,540,000

Sold on 2024 Year 2024 Month 08 Day 29

6 Masons Court, Lower Shotover, Queenstown Lakes

4
193m2
657m2

Nestled in the serene Masons Court of Lower Shotover, Queenstown Lakes, this nearly new, freehold property is a gem for families and investors alike. Constructed in 2018 with a mix of materials for the walls and iron for the roof, this well-maintained home boasts 4 bedrooms, a spacious floor area of 193 square meters, and a levelled land area of 657 square meters. It includes a single car park and a super-functional layout with open-plan living, a modern kitchen, and a ducted heating system for winter comfort. The property's Capital Value (CV) has seen a remarkable increase of 25.53% from $940,000 in July 2017 to $1,180,000 as of September 2021. The HouGarden AVM estimates the property at $1,185,000, while the latest sales were recorded at $1,140,000 in 2019 and $1,540,000 in 2024, indicating a strong market trend.

For families with children, the property falls within the zone of two decile 10 schools, St Joseph's School and Shotover Primary School, ensuring top-notch education. The nearly new one-bedroom flat, with its separate entrance and privacy, adds to the income potential with a strong rental return. This property offers a fantastic opportunity to secure a foothold in the desirable Shotover Country, with easy access to trails, transport, shopping, the airport, and the Queenstown CBD, all within minutes of reach.

With its sunny north-facing outdoor areas, fully fenced yard, and low maintenance appeal, this home and income property is a rare find in such a convenient location. Prospective buyers are encouraged to act swiftly to secure this attractive investment in Shotover Country.

Updated on September 25, 2024

Council Data

Last update : 2025 01 22
Improvement value$735,000Increased by 25% from year 2017
Land value$445,000Increased by 25% from year 2017
CV(Year 2021 Month 09)$1,180,000Increased by 25% from year 2017
View typeFocal Point Of view - Other
ContourLevel
Land area657m²
Floor area193m²
Decade of construction2018
Title767556
Type of titleFreehold
Legal descriptionLOT 882 DP 506583
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 882 DEPOSITED PLAN 506583,657m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Shotover Primary School
0.33 km
Primary
1-8
Government
Co-Educational
EQI: 392
10
St Joseph's School (Queenstown)
8.86 km
Primary
1-8
Government
Co-Educational
EQI: 389
10

Property history

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For developers

Unitary plan:-
Land:657m²
Title:Freehold

Surrounding facilities

Masons Court Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
3 Ashenhurst Way, Lower Shotover
0.17 km
4
3
277m2
Year 2024 Month 11 Day 19
-
Council approved
23 Peterley Road, Lower Shotover
0.18 km
4
188m2
Year 2024 Month 10 Day 29
$1,390,000
Council approved
117 Stalker Road, Lower Shotover
0.24 km
4
2
251m2
Year 2024 Month 10 Day 21
-
Council approved
109 Stalker Road, Lower Shotover
0.20 km
4
204m2
Year 2024 Month 10 Day 03
$1,542,000
Council approved
0.08 km
4
170m2
Year 2024 Month 08 Day 09
$1,300,000
Council approved

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