Located at 21 Banbury Terrace, Lower Shotover, Queenstown Lakes, this exceptional residential dwelling built in 2017, spans 161sqm of comfortable living space on a generous 1240sqm freehold section. The property boasts three well-sized bedrooms, with the master featuring a convenient walk-in wardrobe, and is complemented by two luxurious bathrooms with underfloor heating. The open plan living area, which includes a kitchen, is designed for seamless integration and opens up to a vast backyard, perfect for relaxation or as a family playground. The house is equipped with panel heaters, a gas fireplace, and a heat pump with ducted ventilation in the lounge, ensuring warmth throughout the year. The property also features a double garage for secure parking and additional storage, with the added convenience of reticulated gas for hot water and cooking needs. The exterior is finished with wood walls in good condition and an iron roof, also in good condition, on a level contour.
Since its last government valuation in September 2019 at $1,040,000, the property has seen a significant capital value increase of 26.83% from its previous valuation in July 2017 at $820,000. The HouGarden AVM estimates the property's value at $995,000. The latest sale on 11 February 2024 fetched $1,250,000, marking a substantial increase from its sale price of $807,000 on 21 October 2016.
The property is zoned for top-tier schools, including St Joseph's School (Queenstown) and Shotover Primary School, both of which are full primary schools with a decile rating of 10, indicating high-quality education opportunities for residents.
Updated on April 05, 2024.