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10/643 Frankton Road, Queenstown, Queenstown Lakes, 1 Bedrooms, 1 Bathrooms, Unit

Sold: $724,500

Sold on 2024 Year 2024 Month 07 Day 13

10/643 Frankton Road, Queenstown, Queenstown Lakes

1
1
117m2

Nestled in the serene Alpine Village villas, this 1-bedroom, 1-bathroom unit with a single carpark presents an inviting opportunity. Constructed in 2007 with concrete walls and an iron roof, both in good condition, the property boasts a floor area of 117sqm and is governed by a Unit Title. The property's Capital Value (CV) has seen a growth of 6.45% from $620,000 in July 2017 to $660,000 as of September 2021. The latest sale was recorded at $724,500 on July 13, 2024, while the HouGarden AVM estimates the property's worth at $640,000.

With a CV on the rise and a prime location, this residence is within a 5-minute drive from the ski fields, Queenstown CBD, and the airport. It's situated in a quiet cul-de-sac with a private walkway to the lakeside and a bus stop nearby. The extra-large double garage offers potential for renovation, adding a second bedroom, or converting into a recreational space. The property falls within the decile 10 school zones of Queenstown Primary and St Joseph's School, ensuring top-notch education for the family.

Whether you seek a ski chalet, holiday home, rental investment, or a low-maintenance residence, this property is a rare gem in Queenstown. The motivated owners are ready for a quick sale, making this an opportunity not to be missed.

Updated on August 14, 2024

Council Data

Last update : 2024 12 11
Improvement value$140,000Reduced by -34% from year 2017
Land value$520,000Increased by 27% from year 2017
CV(Year 2021 Month 09)$660,000Increased by 6% from year 2017
DeckYes
View typeFocal Point Of view - Water
ContourLevel
Floor area117m²
Decade of construction2007
Title203927
Type of titleUnit Title
Legal descriptionUNIT 10 DP 349813
CouncilQueenstown Lakes
Estate descriptionSTFH,1/1,UNIT 10 DEPOSITED PLAN 349813
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningHigh Density Residential Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
St Joseph's School (Queenstown)
3.02 km
Primary
1-8
Government
Co-Educational
EQI: 389
10
Queenstown Primary School
3.37 km
Primary
1-8
Government
Co-Educational
EQI: 403
10

Property history

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For developers

Unitary plan:High Density Residential Zone
Land:-
Title:Unit Title

Surrounding facilities

Frankton Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
14/643 Frankton Road, Queenstown
0.14 km
1
1
117m2
Year 2024 Month 12 Day 13
-
Council approved
0.14 km
2
147m2
Year 2024 Month 10 Day 01
$1,045,000
Council approved
0.08 km
5
342m2
Year 2024 Month 09 Day 26
$4,078,000
Council approved
4/658 Frankton Road, Queenstown
0.11 km
2
1
99m2
Year 2024 Month 08 Day 30
$875,000
Council approved
6a/643 Frankton Road, Queenstown
0.14 km
1
1
58m2
Year 2024 Month 08 Day 20
$671,000
Council approved

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