Nestled in the coveted Hanleys Farm, 19 Maize Street presents a warm and inviting residential property with income potential, perfect for a first home buyer or investor. This freehold property, built in 2019 with mixed materials for the walls and iron for the roof, boasts 4 bedrooms, 2 carparks, and a floor area of 120sqm on a level 448sqm section. The well-maintained home is north-facing, ensuring it's bathed in sunlight, with an additional one-bedroom unit at the rear offering privacy and ease of maintenance. Notably, the property has seen a significant Capital Value increase of 37.97% from $790,000 in July 2017 to $1,090,000 as of September 2021. The HouGarden AVM estimates the property's value at $1,042,500, while the latest sales were recorded at $930,000 in 2019 and $255,000 in 2016. This home is not just about numbers; it's about the lifestyle, with The Remarkables visible from the open-plan living area and a sun-soaked deck ideal for relaxation.
For families with school-aged children, the property falls within the zone of St Joseph's School in Queenstown, a decile 10 school, and Te Kura Whakatipu o Kawarau, offering a full primary education. The property's convenient location, coupled with its capital value growth potential, makes it an attractive opportunity that's not to be missed.
Be quick to secure this property, as it won't last long on the market!
Updated on April 18, 2024
