Nestled at 301/34 Red Oaks Drive in the serene Frankton, Queenstown Lakes, this residential apartment boasts a modern design with 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 2022, the property features a mix of materials for the walls, an iron roof, and is maintained in good condition both inside and out. The 73 square meter floor area is complemented by a level contour, ensuring a spacious and practical living environment. As a unit title, this property presents an attractive opportunity for investors and homeowners alike.
With a government valuation of $805,000 as of September 2021, the property's value has shown a promising increase. The HouGarden AVM estimates the property's worth at $810,000, while the latest sale on August 29, 2024, was at $815,000, indicating a healthy growth rate in capital value. This trend is a testament to the property's appeal and investment potential.
For families with children, the property falls within the highly sought-after school zones of St Joseph's School and Remarkables Primary School, both decile 10 institutions. This ensures access to top-quality education, making the property even more desirable for those with a long-term perspective.
Updated on September 25, 2024