58a Dart Place, Fernhill/Sunshine Bay, Queenstown Lakes

Nestled in the serene Fernhill of Queenstown Lakes, 58a Dart Place is a charming residence that blends modern comfort with lucrative potential. This freehold property, built in 2018 with iron roofing and wooden walls in good condition, offers 3 bedrooms, 1 bathroom, and a carpark, spread across a floor area of 100sqm on a land of 597sqm. The property, with its steep fall contour, is not just a home but also a source of income, thanks to the separate, fully furnished unit. The capital value has seen a 12.5% increase from $800,000 in July 2017 to $900,000 as of September 2021. HouGarden AVM estimates the property at $862,500, while the latest sales were recorded at $1,120,000 in 2024 and $425,500 in 2015.

For families, the property falls within the highly rated school zones of Queenstown Primary and St Joseph's School, both decile 10. The main residence boasts an open plan living area that leads to a deck with a spa pool, offering breathtaking views of Lake Wakatipu and the mountains. The income-generating unit provides flexibility and privacy, making it an ideal investment for those seeking both lifestyle and financial returns.

With its prime location, solid construction, and attractive CV growth, 58a Dart Place presents a golden opportunity for homebuyers and investors alike.

Updated on October 16, 2024