Nestled at 4f Lake Avenue, Frankton, within the scenic Queenstown Lakes, this residential ownership home unit boasts a serene environment. Constructed in 1960 with mixed materials for both the walls and roof, the property presents an average condition throughout. It features a single bathroom, one carpark, and a modest floor area of 24 square meters. The ownership type is a Unit Title, ensuring a clear and manageable form of property holding.
Since 2017, the capital value has seen a significant increase of 31.67%, reaching $395,000 by September 2021. The HouGarden AVM estimates the property's worth at $362,500, closely aligning with the latest sale on October 24, 2024, at $380,000. This upward trend in the capital value highlights the investment potential of this property.
For families with children, the property falls within the zone of two highly rated schools - St Joseph's School and Remarkables Primary School, both Decile 10 institutions, ensuring access to quality education.
Updated on December 18, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.05 km | 1 | 39m2 | 2024 11 15 | $570,000 | Council approved | ||
0.05 km | 1 | 24m2 | 2024 11 08 | $385,000 | Council approved | |||
| 0.05 km | 1 | 40m2 | 2024 11 08 | $474,100 | Council approved | ||
0.05 km | 1 | 24m2 | 2024 11 04 | $385,000 | Council approved | |||
0.05 km | 1 | 24m2 | 2024 10 30 | $385,000 | Council approved |