8 Poole Lane, Queenstown, Queenstown Lakes

This exceptional property located at 8 Poole Lane, Queenstown, Queenstown Lakes, offers a unique opportunity to own a freestanding, freehold home in the prestigious Queenstown Hill area. Boasting a land area of 606sqm and a floor area of 200sqm, this residence features three large double bedrooms, each with ensuite bathrooms and separate entrances, providing potential for an income stream through short or long-term rentals. The property is constructed with wood walls in good condition and an iron roof also in good condition, dating back to 1984. The contour of the property is described as easy/moderate fall, making it both accessible and offering development potential.

Since 2017, the capital value of this property has seen a significant increase from $1,700,000 to $2,410,000, marking a 41.76% growth. The latest HouGarden AVM estimates the property's value at $2,372,500. Historical sales data reveals a steady appreciation in value, with sales in 2017 and 2009 at $1,650,000 and $1,225,000 respectively. This growth trajectory underscores the property's investment potential and its appeal in the Queenstown real estate market.

Located in a top-tier school zone, the property offers access to Queenstown Primary School and St Joseph's School (Queenstown), both full primary schools with a decile rating of 10. This prestigious educational environment, combined with the property's exceptional location and features, makes it an ideal choice for families seeking quality living in Queenstown.

Updated on March 21, 2024.