Nestled in the historic core of Arrowtown, 29 Kent Street stands as a charming two-bedroom, one-bathroom residence on a freehold section. Constructed in the early 1970s with durable brick walls and iron roofing, this home has undergone meticulous renovations, exuding warmth and comfort with a heat pump, double glazing, and underfloor insulation. The property, with a floor area of 74 square meters and a land area of 513 square meters, is positioned on a level contour, enjoying ample sunshine and north-facing views. Notably, the capital value has seen a rapid increase of 73.08% from $780,000 in July 2017 to $1,350,000 as of September 2021, with the HouGarden AVM estimating the property at $1,357,500. The latest sale history is marked by a transaction in July 2024 for $1,735,000, following a previous sale in August 2012 for $434,000.
For families, the property falls within the decile 10 school zones of both Arrowtown School and St Joseph's School in Queenstown, ensuring top-notch education for the children. The location, across from the historic zone, offers the convenience of a short stroll to the village's amenities, including a variety of dining options and the renowned Dorothy Browns cinema.
With its potential for further development on a medium-density site, this delightful retreat at 29 Kent Street presents a unique opportunity to own a piece of Arrowtown's charm.
Updated on September 04, 2024