68g Thompson Street, Queenstown, Queenstown Lakes

Located at 68g Thompson Street, Queenstown, Queenstown Lakes, this commercial accommodation property stands out with its concrete walls and iron roof, reflecting a blend of durability and modern aesthetics. Built in 2005, the property has maintained good condition in both its wall and roof structures, ensuring a solid investment. It encompasses a floor area of 81 square meters, featuring 1 bathroom and 1 carpark, under a Unit Title ownership type, making it an ideal choice for investors seeking a property with minimal land responsibilities.

Over the years, the property has seen a significant increase in its capital value, growing from $580,000 in July 2017 to $700,000 in September 2021, marking a 20.69% increase. This growth is supported by a recent sale in February 2024 for $710,000, up from $568,000 in December 2016, indicating a strong and steady market demand. The HouGarden AVM estimates the property's value at $690,000, closely aligning with its market performance.

For families considering educational opportunities, the property is zoned for top-tier schools, including Queenstown Primary School and St Joseph's School (Queenstown), both of which boast a decile rating of 10. This high decile rating signifies excellent educational resources and community support, making it an attractive option for families prioritizing quality education.