10 Adamson Drive, Arrowtown, Queenstown Lakes

Nestled in the charming Arrowtown, at 10 Adamson Drive, this freehold property is a 3-bedroom, 1-bathroom cottage, built in 1972 with iron roofing and wooden walls in good condition. It sits on a levelled 506sqm section with a floor area of 74sqm, and it's just a stone's throw away from the historic village, local schools, and the Four Square supermarket. The property's capital value has seen a remarkable increase of 61.54% from $780,000 in July 2017 to $1,260,000 as of September 2021. The HouGarden AVM estimates it at $1,225,000, while the latest sale was recorded at $1,425,000 in June 2024, a significant jump from the $415,000 sale in 2009. This is an ideal opportunity for first-home buyers, holidaymakers, or investors looking for a rental property in a high-demand area with excellent school zones, including the decile 10 rated Arrowtown School and St Joseph's School in Queenstown.

Updated on August 01, 2024