38 Essex Avenue, Arrowtown, Queenstown Lakes

Nestled in the picturesque Arrowtown, at 38 Essex Avenue, this freehold property is a charming residential dwelling. Constructed in 2003 with roughcast walls and an iron roof, both in good condition, the house spans 269 square meters on a levelled 1650 square meter land. It boasts 4 bedrooms, 2 carparks, and an architectural design that seamlessly blends luxury and comfort. The property has seen a significant Capital Value increase of 56.31% from $1,465,000 in July 2017 to $2,290,000 as of September 2021.

Valued at $2,130,000 by HouGarden AVM, the latest sale was recorded at $2,600,000 on June 9, 2024, a substantial leap from the previous sale of $285,000 in January 2005. This indicates a robust investment potential in the property market.

For families, the property falls within the decile 10 school zones of both Arrowtown School and St Joseph's School in Queenstown, ensuring access to high-quality education. The location provides an idyllic setting for resort-style living, with convenient access to the CBD and Coronet Peak, making it an attractive option for those seeking a combination of luxury, convenience, and educational excellence.

Updated on June 19, 2024