Located at 4/8 Mckerrow Place, Fernhill/Sunshine Bay, Queenstown Lakes, this residential property is a true gem. It features 3 bedrooms, a single carpark, and a floor area of 115 square meters. The property, built in 2003, boasts a solid roughcast wall construction and durable iron roofing, both in good condition. The level property contour and Unit Title ownership make it an attractive option for potential buyers. The property is described as having amazing views, solid construction, and ageless styling, with its townhouse layout spread over three levels offering elevated views over Lake Wakatipu and surrounding mountain ranges.
The capital value of the property has remained steady at $760,000 since 2017, with a HouGarden AVM estimate at $750,000. The latest sale in October 2021 recorded a price of $811,000, showcasing a significant increase from its 2007 sale price of $425,000. Despite the capital value increase rate being 0.0%, the property's market value has evidently grown over the years.
Located in a highly desirable school zone, the property falls within the catchment area for Queenstown Primary School and St Joseph's School (Queenstown), both of which have a decile rating of 10. This makes it an ideal choice for families looking for quality education options.
Updated on March 21, 2024.
