22 Cable Lane, Frankton, Queenstown Lakes

Nestled in the prestigious Frankton neighborhood of Queenstown Lakes, 22 Cable Lane presents a rare gem in the form of a 4-bedroom unit with a contemporary design. Constructed in 2020 with mixed materials for the walls and iron for the roof, this freehold property boasts a floor area of 150sqm, a single car park, and is in a prime condition both inside and out. The property's Capital Value has seen a 10.31% decrease from $970,000 in July 2017 to $870,000 as of September 2021. However, with the latest sales fetching $1,010,000 in October 2024 and $960,000 in August 2023, and an HouGarden AVM of $960,000, the investment potential is clear.

For families, the property falls within the zone of two decile 10 schools - St Joseph's School and Remarkables Primary School, ensuring top-notch education for the young ones. The townhouse complex, designed by Ignite Architects, is currently tenanted until 2025, providing a stable income for potential investors. It features modern amenities such as a heat pump and underfloor heating, along with practical details like built-in wardrobes and acoustic inter-tenancy walls for a peaceful living experience.

Centrally located, the residence is within walking distance to Queenstown Central and Five Mile shopping centers, offering a vibrant lifestyle with easy access to cafes, restaurants, and shops. With panoramic views of Coronet Peak and The Remarkables, this property is not just an investment but a home that promises a life of convenience and luxury.

Updated on November 27, 2024