3 Batsford Lane, Lower Shotover, Queenstown Lakes

Nestled in the esteemed Quail Rise, this 5-bedroom, 3-carpark property on 3 Batsford Lane, Lower Shotover, Queenstown Lakes, is a freehold haven that boasts a brick exterior and an iron roof, both in good condition. Constructed in 2017, this residential gem offers 183 square meters of floor area and is set on a sprawling 789 square meters of levelled land. The property, with its thoughtful design and efficient use of space, provides privacy and stunning river/mountain views, making it an ideal combination of comfort and luxury.

Since 2017, the capital value has seen a remarkable increase of 38.26%, reaching $1,590,000 as of September 2021. The HouGarden AVM reflects a similar sentiment with an estimated value of $1,597,500. The latest sale history is a testament to its worth, with a transaction in 2024 for $1,900,000, a significant jump from the $230,000 sale in 2014. This property is not just an investment; it's a smart one.

For families with children, the property falls within the catchment area of St Joseph's School and Shotover Primary School, both decile 10 institutions known for their excellence. This home and income property, with its potential for high rental returns and versatile living arrangements, presents a rare opportunity in a sought-after location.

Updated on October 02, 2024