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7f Malaghan Street, Queenstown, Queenstown Lakes, 3 Bedrooms, 0 Bathrooms

Sold: $1,300,000

Sold on 2024 Year 2024 Month 04 Day 24

7f Malaghan Street, Queenstown, Queenstown Lakes

3
110m2

Nestled in the heart of Queenstown, this 2-bedroom unit at 7f Malaghan Street boasts a prime location and a Unit Title ownership. Constructed in 1993 with roughcast walls and an iron roof, both in good condition, the property offers a floor area of 110 square meters and a carpark. The residence is complemented by a level contour and the convenience of a heat pump for heating.

With a rich history, the property has seen its Capital Value (CV) surge by 17.04% from $675,000 in July 2017 to $790,000 as of September 2021. The HouGarden AVM estimates it at $735,000, while the latest sales were recorded at $1,300,000 on April 24, 2024, and $718,000 on April 02, 2019, indicating a significant growth in value.

For families with children, 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, ensuring top-notch education opportunities.

Updated on May 15, 2024

Council Data

Last update : 2024 06 12
Improvement value$325,000Increased by 12% from year 2017
Land value$465,000Increased by 20% from year 2017
CV(Year 2021 Month 09)$790,000Increased by 17% from year 2017
View typeFocal Point Of view - Other
ContourLevel
Floor area110m²
Decade of construction1993
TitleOT16A/272
Type of titleUnit Title
Legal descriptionPU6 AU6A-AU6B UP 23355
CouncilQueenstown Lakes
Estate descriptionSTFH,1/1,UNIT 6 AND ACCESSORY UNIT 6A AND 6B DEPOSITED PLAN 23355
ConstructionExternal Walls: Roughcast 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)
0.19 km
Primary
1-8
Government
Co-Educational
EQI: 389
10
Queenstown Primary School
0.41 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
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.08 km
4
277m2
Year 2024 Month 04 Day 10
$5,200,000
Council approved
0.16 km
4
140m2
Year 2024 Month 03 Day 29
$850,000
Council approved
Qtr 1/Apt 6A - 18 Turner Street
0.04 km
1
1
45m2
Year 2024 Month 02 Day 12
$110,000
Council approved
0.21 km
3
190m2
Year 2024 Month 01 Day 31
$1,217,900
Council approved
0.16 km
4
140m2
Year 2023 Month 12 Day 22
$827,500
Council approved

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