Nestled on the prestigious Park Street, this 3-bedroom, 1-garage property on a 678sqm section is a gem in Queenstown's real estate market. The freehold property, with its roughcast walls and iron roof, built in 1950, exudes a charming character. It boasts an average wall and roof condition, and a property contour that offers ease with a moderate fall. The capital value has seen a growth of 21.58% from $2,155,000 in 2017 to $2,620,000 in 2021, reflecting its investment potential. The property's HouGarden AVM is $2,507,500, with a latest sale record of $3,650,000 in 2024, a significant increase from the $780,000 sale in 2010.
With a prime location, the property is in the decile 10 school zone for both Queenstown Primary School and St Joseph's School, ensuring top-notch education for the family. Its proximity to the CBD and the beach, combined with the tranquility of the Queenstown Botanical Gardens just a stone's throw away, makes it a highly-coveted address. The low-maintenance property, with polished Rimu floors and large windows, is perfect for those seeking a blend of convenience and peace.
Given its potential for redevelopment and the availability of short-term rental opportunities, this property presents a truly unique chance. Offered fully furnished, it's a prompt decision that interested parties must make to secure this rare find in the heart of Queenstown.
Updated on April 17, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
0.24 km | 3 | 110m2 | 2024 09 26 | $1,606,000 | Council approved | |||
 | 0.24 km | 1 | 80m2 | 2024 09 26 | $750,000 | Council approved | ||
 | 0.54 km | 1 | 1 | 40m2 | 2024 08 09 | - | Council approved | |
| 0.24 km | 1 | 1 | 40m2 | 2024 07 26 | $565,000 | Council approved | |
 | 0.03 km | 3 | 170m2 | 2024 07 22 | $3,100,000 | Council approved |