4 Mallard Street, Albert Town, Queenstown Lakes

Nestled in the serene Albert Town of Queenstown Lakes, at 4 Mallard Street, lies this exquisite 5-bedroom, freehold property, built in 2017 with iron walls and roof in pristine condition. It boasts a floor area of 187 square meters on a levelled 714 square meter plot, complete with 2 carparks and the comfort of a heat pump. The property has seen a remarkable Capital Value increase of 60.53% from $760,000 in July 2017 to $1,220,000 as of September 2021. The HouGarden AVM estimates it at $1,117,500, while the latest sales were recorded at $900,000 in June 2020 and a substantial $1,350,000 in October 2024.

With a decile rating of 10, the nearby Te Kura O Take Karara school is a contributing factor to the property's appeal. The residence, with its potential for additional income or accommodating a growing family, is complemented by an open-plan living area with a modern kitchen, a cozy fireplace, and access to a private outdoor patio, where one can enjoy mountain views and the famous Central Otago sun. It's an ideal blend of luxury, convenience, and practicality, located in the heart of Riverside Park, with amenities like a 25m swimming pool and a gym just a short walk away.

Not only does this property offer a prime location within a sought-after school zone, but it also presents an opportunity to secure a valuable investment in Central Otago's thriving real estate market. It's a turnkey solution to relaxation and comfort, perfect for those seeking exceptional value.

Updated on December 11, 2024