Nestled at 205 Glenda Drive in the serene Frankton, Queenstown Lakes, this industrial-light-manufacturing property is a prime example of a freehold treasure. Constructed in 2004 with iron for both the roof and walls, it stands firm with a good condition, both inside and out. The property spans a level contour with a floor area of 656 square meters and a land area of 1562 square meters, complete with a single carpark. It's a perfect blend of utility and comfort.
With a capital value that has seen a remarkable increase from $2,450,000 in July 2017 to $3,270,000 as of September 2021, indicating a 33.47% growth, this property also boasts a HouGarden AVM of $2,990,000. The latest sale history is a testament to its value, with a sale price of $3,500,000 on November 14, 2024, and a previous sale at $1,550,000 on April 28, 2011.
For families with children, the property falls within the zone of two top-rated full primary schools, St Joseph's School and Remarkables Primary School, both with a decile rating of 10. This is not just a property, it's an investment in a promising future.
Updated on December 11, 2024