493 Peninsula Road, Kelvin Heights, Queenstown Lakes

Nestled just 300 meters from the serene Bayview Beach in the idyllic Kelvin Heights, this charming 2-bedroom, 1-bathroom residence is a paradisiacal escape. Built in 1963 with a Freehold title, the home boasts a wood exterior, Iron roof, and is set on an 898sqm section with an easy/moderate contour. The interior spans 83sqm, thoughtfully designed for comfort and modern living, featuring an open-plan living space with bi-fold doors opening to a wrap-around deck that frames the picturesque views. The property has undergone extensive rewire and plumbing renovations, and the kitchen has been upgraded with a custom-made bench top. With a capital value of $1,630,000 as of September 2021, it has seen a CV increase of 41.74% since July 2017. The HouGarden AVM estimates the property at $1,517,500, while the latest sales were at $1,210,000 in 2018 and $430,000 in 2003. This home is not only a haven for relaxation but also an investment with a promising growth trajectory. Educationally, it falls within the decile 10 zone, served by St Joseph's School and Remarkables Primary School, ensuring top-notch education for the family.

Updated on May 14, 2024