Nestled in the serene Lake Avenue, this residential unit at 4d-L Lake Avenue, Frankton, Queenstown Lakes, is a charming home with a hint of nostalgia from its 1960 construction. The property boasts mixed materials for both the roof and walls, which are in average condition. It offers a single bathroom, one carpark, and a modest floor area of 39 square meters. The unit is under a Unit Title ownership, providing a sense of community with easy/moderate rise contours in the neighborhood.
With a capital value that has seen a remarkable increase of 30.65% from $310,000 in July 2017 to $405,000 as of September 2021, this property also has a HouGarden AVM of $397,500. The latest sale in the area on July 18, 2024, was for $542,000, indicating a healthy market trend.
For families with children, the property falls within the highly sought-after school zones of St Joseph's School and Remarkables Primary School, both of which are Full Primary schools with a decile rating of 10, ensuring top-notch education for young learners.
Updated on August 14, 2024