Nestled in the heart of Queenstown, at 19/379 Frankton Road, this commercial accommodation property boasts a prime location. It features 3 bedrooms, 2 carparks, and a floor area of 208 square meters. Constructed in 2000 with mixed materials for the walls and iron for the roof, the property is in good condition both inside and out. The Unit Title ownership adds to the appeal of this property situated on a steep fall contour.
Since 2017, the Capital Value has seen a significant increase of 60%, reaching $2,240,000 as of September 2021. The HouGarden AVM estimates the property's worth at $2,145,000, while the latest sales in 2024 and 2018 were recorded at $2,570,000 and $1,925,000 respectively, indicating a consistent upward trend 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 for young learners.
Updated on April 10, 2024