Nestled in the serene Albert Town, this idyllic 3-bedroom, 2-bathroom residence on 70 Lagoon Avenue is a freehold property that exudes tranquility. Constructed in 1995 with roughcast walls and an iron roof in good condition, it sits on a steep fall site with a floor area of 201sqm and a land area of 877sqm. The property not only offers privacy and stunning natural landscapes but also boasts a capital value increase of 57.14% from $770,000 in July 2017 to $1,210,000 as of September 2021. The HouGarden AVM estimates the property's value at $1,200,000, while the latest sales history shows a significant jump from $480,000 in June 2014 to $1,300,000 in October 2024.
With a carpark and a fenced garden extending to the water's edge, this home is not just a sanctuary but also an investment. It is within the Te Kura O Take Karara school zone, a contributing school with a decile rating of 10, ensuring top-notch education for the family. The property's unique positioning adjacent to the Albert Town Lagoon Reserve allows for a playful scenery of wildlife, making it a rare find in the Queenstown Lakes district.
Here, you can enjoy the best of both worlds - the peace and tranquillity of living with nature, and the convenience of being close to town. This is a slice of paradise waiting to be cherished by its next owner.
Updated on November 27, 2024