Nestled in the serene Till Street of Jacks Point, Queenstown Lakes, this 147 square meter, 4-bedroom residence on a 350 square meter freehold section presents an enticing prospect for both investors and first-time homebuyers. The modern home, completed in December 2023, boasts an iron roof and roughcast walls in good condition, ensuring durability and low maintenance. With a single car park and a level contour, the property is designed for comfort and practicality, featuring an open-plan kitchen and dining area that captures the morning sun and offers views of Coronet Peak and the Remarkables.
Since the previous sale in 2019, the property has seen a significant increase in its government valuation, jumping from $290,000 to $1,100,000, indicating a growth rate of 2.79%. The HouGarden AVM estimates the property's value at $1,052,500, while the latest sale on September 24, 2024, was at $1,240,000, demonstrating the investment potential of this property in a rapidly appreciating market.
For families with children, the property falls within the highly sought-after school zones of St Joseph's School (Queenstown), a full primary with a decile rating of 10, and Te Kura Whakatipu o Kawarau, a full primary. This makes it an ideal choice for those seeking quality education for their children while investing in a property that promises long-term value.
Updated on October 23, 2024