3/43 Hallenstein Street, Queenstown, Queenstown Lakes

Located at 3/43 Hallenstein Street, Queenstown, Queenstown Lakes, this commercial accommodation property stands out with its unique blend of mixed materials for the walls and an iron roof, ensuring durability and a modern aesthetic. The property, with a steep rise contour, spans a floor area of 1410 square feet, although it does not specify land area, bedrooms, bathrooms, or the ownership type. It is equipped to accommodate up to 6 cars, making it highly convenient for guests or operators. The building, marked for completion in 2024, is in good condition both in terms of its walls and roof, promising a solid investment for the future.

The property has seen a significant capital value increase, from a government valuation (CV) of $1,385,000 as of September 2021 to a HouGarden AVM of $1,362,500. The latest sales data reveals a rapid appreciation in value, with transactions recorded at $2,500,000 in December 2022 and a more recent sale at $2,600,000 in February 2024, indicating a robust and growing interest in this prime location.

While specific school zoning information is not provided, the property's prime location in Queenstown, a region known for its quality education and lifestyle amenities, suggests potential access to highly regarded schools and educational facilities. This aspect, combined with the property's commercial accommodation designation, positions it as an attractive proposition for investors looking to capitalize on Queenstown's thriving tourism and residential sectors.