Nestled in the serene environment of 64 Middleton Road, Frankton, Queenstown Lakes, this vacant residential lot on a freehold title presents a unique opportunity. With a land area of 903m2, it offers a moderate contour that could be the perfect canvas for your dream home. The property boasts an unknown roof and wall construction, preserving the element of surprise for future development. Here, you're not just purchasing land, you're acquiring a slice of the iconic Whakatipu landscape, with potential views that promise to take your breath away.
Since 2017, the capital value has seen a 25% increase, reaching $750,000 by September 2021. The HouGarden AVM estimates it at $745,000, while the latest sale in 2020 was for $650,000. This trend indicates a promising investment in a rapidly appreciating market. The conceptual plans for 'Folding Light' present a vision of two exquisite three-bedroom homes, thoughtfully designed to harmonize with nature and maximize the stunning vistas.
Educationally, the property falls within the zone of two highly rated full primary schools, Queenstown Primary School and St Joseph's School, both with a decile rating of 10. The location provides easy access to a wealth of amenities, from golf courses and cafes to ski fields and wineries, making this property an attractive proposition for those seeking an extraordinary lifestyle.
Updated on November 06, 2024