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11/527 Frankton Road, Queenstown, Queenstown Lakes, 2 Bedrooms, 1 Bathrooms

Sold: $1,040,000

Sold on 2024 Year 2024 Month 11 Day 21

11/527 Frankton Road, Queenstown, Queenstown Lakes

2
1
65m2

Nestled at 11/527 Frankton Road, Queenstown, in the serene Queenstown Lakes district, this residential apartment complex, built in 2017, boasts a prime location. The 2-bedroom, 1-bathroom unit with a single carpark is a fine example of modern living, featuring a floor area of 65 square meters and constructed with a mix of materials for the walls and iron for the roof, both in good condition. It sits on a level contour and is governed by a Unit Title.

Since 2017, the capital value has seen a significant increase, rising from $660,000 to the current $910,000 as of September 2021, indicating a growth rate of 37.88%. The HouGarden AVM estimates the property's worth at $835,000, while the latest sales history shows a sale on November 21, 2024, for $1,040,000, and a previous one on June 2, 2015, for $555,000.

For families with children, the property falls within the catchment area of both Queenstown Primary School and St Joseph's School, both of which are full primary schools with a decile rating of 10, indicating a high standard of education.

Updated on December 18, 2024

Council Data

Last update : 2024 12 18
Improvement value$370,000Increased by 53% from year 2017
Land value$540,000Increased by 28% from year 2017
CV(Year 2021 Month 09)$910,000Increased by 37% from year 2017
DeckYes
View typeFocal Point Of view - Water
ContourLevel
Floor area65m²
Decade of construction2017
Title740215
Type of titleUnit Title
Legal descriptionUNIT 110B DP 499066 - HAVING 1/2 SH IN AU 112B 113B 111B, 1/12 SH IN AU 313B DP 499066
CouncilQueenstown Lakes
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 110B AND ACCESSORY UNIT 112B, 113B AND 1/2 SHARE OF ACCESSORY UNIT 111B AND 1/12 SHARE OF ACCESSORY UNIT 313B DEPOSITED PLAN 499066
ConstructionExternal Walls: Mixed Materials
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)
2.59 km
Primary
1-8
Government
Co-Educational
EQI: 389
10
Queenstown Primary School
2.98 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

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Floor area
Sold date
Sold
Data source
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Year 2024 Month 06 Day 30
$1,930,000
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