Nestled in the heart of Queenstown, at 211/21 Stanley Street, this leasehold property is a gem in the commercial accommodation category. Constructed in 2001 with concrete walls and a mixed-material roof, both in good condition, the 63sqm apartment boasts a well-appointed, single bedroom and a bathroom. The property sits on a level contour, and while it doesn't have a carpark, it's located in a quiet cul-de-sac, just a short stroll from the vibrant Queenstown CBD. The capital value has shown a significant increase from $370,000 in July 2017 to $430,000 as of September 2021, reflecting a growth rate of 16.2%. The HouGarden AVM estimates the property's value at $402,500, and the latest sale history includes transactions in 2004 and 1999, highlighting the property's long-term investment potential.
For families, the property falls within the highly sought-after school zones of Queenstown Primary School and St Joseph's School, both rated a perfect 10 on the decile scale. This indicates a high standard of education available in the area. The apartment is not only an excellent investment opportunity but also offers up to 28 days of owner usage per year, making it an attractive proposition for those seeking a blend of investment and personal enjoyment.
With quality furniture included and professional on-site management, this apartment is priced to sell. Don't miss the chance to secure this stylish and spacious property in the scenic wonderland of Queenstown.
Updated on May 14, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.21 km | 3 | 180m2 | Year 2024 Month 10 Day 21 | $1,413,000 | Council approved | ||
 | 0.23 km | 1 | 80m2 | Year 2024 Month 09 Day 26 | $750,000 | Council approved | ||
0.20 km | 3 | 110m2 | Year 2024 Month 09 Day 26 | $1,606,000 | Council approved | |||
 | 0.23 km | 1 | 1 | 40m2 | Year 2024 Month 08 Day 09 | - | Council approved | |
| 0.23 km | 1 | 1 | 40m2 | Year 2024 Month 07 Day 26 | $565,000 | Council approved |