27 Avalon Crescent, Fernhill/Sunshine Bay, Queenstown Lakes

Nestled in the serene Fernhill, 27 Avalon Crescent is a 4-bedroom, freehold property with a floor area of 140sqm, sitting on a generous 771sqm section. The home, built in 1970 with wood exterior walls and an iron roof in good and average condition respectively, is located in a quiet cul-de-sac. The property boasts a CV of $1,150,000 as of September 2021, marking a 23.66% increase since July 2017. The latest sale was recorded at $1,145,000 in March 2024, showing a significant jump from the $880,000 sale in December 2016. HouGarden AVM estimates the property's value at $1,102,500. This property not only offers a cozy living environment with stunning views of The Remarkables and Lake Wakatipu but also holds potential as a home and income opportunity with a separate one-bedroom unit.

Queenstown Primary School and St Joseph's School, both decile 10, are within the catchment area, ensuring top-notch education for the family. The property's contour of easy to moderate fall adds to its charm, making it an attractive investment with immense growth potential.

Whether you're after a family home in a prime school zone or a sound investment, 27 Avalon Crescent is a property that promises both comfort and value.

Updated on April 11, 2024