2 Ash Avenue, Albert Town, Queenstown Lakes

Located at 2 Ash Avenue, Albert Town, Queenstown Lakes, this residential dwelling boasts 5 bedrooms, 2 bathrooms, and 2 car parks, covering a floor area of 240 square meters on a 1007 square meter freehold land. Constructed in 2007 with mixed materials for walls and an iron roof, both in good condition, the property features an easy/moderate fall contour. This spacious family home, with its extra-large fifth bedroom that can serve as a games room, studio space, or home office, is complemented by a double garage, two carports, and ample off-street parking. A Healthy Homes Certificate enhances its appeal, making it an ideal holiday home, a short-term accommodation option, or a long-term rental investment. The well-maintained swimming pool and proximity to Wanaka enhance its attractiveness for guests.

The property has seen a significant increase in capital value, from $780,000 on July 1, 2017, to $1,150,000 on September 1, 2019, marking a 47.44% growth. The HouGarden AVM estimates its value at $1,102,500, while the latest sale on January 8, 2024, reached $1,399,000, up from $515,000 on July 1, 2013. This demonstrates a robust appreciation in value, indicating a sound investment.

In terms of education, the property falls within the zone of Te Kura O Take Karara, a contributing school with a decile rating of 10, ensuring access to quality education. This feature, combined with the property's amenities, makes it an attractive option for families looking for a forever home or an investment opportunity.

Updated on April 06, 2024.