19 Inverness Crescent, Arrowtown, Queenstown Lakes

Nestled in the heart of Arrowtown on 19 Inverness Crescent, this charming A-frame home boasts 3 bedrooms, a single bathroom, and a carpark. Constructed in 1973 with wood walls and an iron roof, both in good condition, this freehold property sits on a level 577sqm section with a floor area of 118sqm. The property's Capital Value (CV) has seen a remarkable increase from $740,000 in July 2017 to $1,225,000 as of September 2021, reflecting a growth of 65.5%. The HouGarden AVM estimates the property's value at $1,175,000, while the latest sale history shows a transaction at $1,505,000 in September 2024, and an earlier one at $104,000 in October 1987. This home, with its north-facing mountain views and full sun, is a short walk from the vibrant Arrowtown village, superette, and is within the highly rated school zones of both Arrowtown School and St Joseph's School (Queenstown), both decile 10. It's a perfect opportunity to renovate or rebuild your dream home in a prime location.

With a CV increase indicating a sound investment, and a desirable location that's hard to beat, this property presents a golden opportunity not to be missed. It has been a cherished holiday home for many years and is now ready for a new chapter. Don't miss your chance to secure this slice of Arrowtown paradise.

For families with school-aged children, the property falls within the catchment area of two top-rated primary schools, Arrowtown School and St Joseph's School in Queenstown, both with a decile rating of 10. Education and convenience meet serenity in this idyllic Arrowtown setting.

Updated on October 23, 2024