150 Centennial Avenue, Arrowtown, Queenstown Lakes

Nestled on a serene cul-de-sac in the picturesque Arrowtown, this charming 5-bedroom, 3-bathroom residence exudes elegance with its freehold status, brick exterior, and iron roof. Constructed in 1980, the well-maintained property boasts a floor area of 341 sq m on a sprawling 4,719 sq m lot. The capital value has seen a rapid increase of 44.39%, jumping from $2,050,000 in July 2017 to $2,960,000 as of September 2021. The latest sale history is impressive, with a sale in February 2024 for $3,400,000, a significant leap from the previous sale in June 2013 for $825,000. HouGarden's AVM estimates the property's value at $2,837,500. This home is not just a haven but also an investment with a promising future.

With a decile rating of 10, both Arrowtown School and St Joseph's School in Queenstown are within the highly sought-after school zone for this property. The open-plan living area features soaring ceilings and exposed beams, complemented by a modern kitchen and scullery, flowing into a cozy second living space with an open fireplace. The seamless transition to the outdoor area and expansive lawn makes it perfect for entertaining or simply enjoying the tranquil rural views, including the Coronet Peak ski field and the Remarkables Mountain Range.

Set in a sun-drenched north-facing position, this property is adjacent to the Arrowtown Golf Course and closely linked to the Wakatipu Cycle Trail. Just a short five-minute walk to the local primary school, it offers a lifestyle that is both convenient and highly desired.

Updated on April 17, 2024