Nestled at 102/30 Red Oaks Drive in the serene Frankton, Queenstown Lakes, this residential apartment boasts a modern design with 2 bedrooms, 1 bathroom, and a single car park. Constructed in 2018, the property features a mix of materials for the walls, an iron roof, and is maintained in good condition both inside and out. The apartment is part of a unit title and offers a level contour for ease of living. The capital value has seen a steady increase, reflecting a 3.28% growth since 2017.
As per the government valuation, the property was valued at $610,000 in July 2017 and has reached $630,000 as of September 2021. The HouGarden AVM estimates the property's worth at $612,500, while the latest sale record dates back to May 2017 at $632,000. These figures showcase a promising investment with a consistent capital value appreciation.
For families with children, the property falls within the zone of two top-rated schools: St Joseph's School and Remarkables Primary School, both Decile 10 institutions, ensuring access to the best education in the area.
Updated on August 23, 2024