Nestled in the serene Angelo Drive, this freehold property in Frankton, Queenstown Lakes, boasts a modern 2015 construction with mixed materials for the walls and iron for the roof. It stands on a steep fall with a land area of 720sqm and a floor area of 122sqm, housing 3 bedrooms and a single carpark. The property's capital value has seen a significant increase from $980,000 in July 2017 to $1,390,000 as of September 2021, reflecting a growth rate of 41.84%. The latest sale was recorded at $1,510,000 in October 2024, following a previous sale at $1,650,000 in February 2015. According to HouGarden AVM, the property is currently valued at $1,377,500.
With a CV increase that outpaces the market average, this dwelling is not only an attractive investment but also boasts a quiet cul-de-sac location, making it an ideal family home.
For families with children, the property falls within the highly sought-after school zones of Queenstown Primary School and St Joseph's School, both rated a perfect 10 on the decile scale, ensuring top-notch education for the young ones.
Updated on November 20, 2024