16/1066 Frankton Road, Frankton, Queenstown Lakes

Nestled in the heart of Frankton, Queenstown Lakes, this 2-bedroom, 1-bathroom accommodation unit is a gem on Frankton Road. Constructed in 1995 with concrete walls and an iron roof, both in good condition, this Unit Title property offers a floor area of 63 square meters and a carpark. The property's capital value has seen a rapid increase from $360,000 in July 2017 to $540,000 as of September 2021, indicating a 50% growth rate. The contour of the land is level, adding to the ease of access and potential future development.

With a HouGarden AVM of $520,000 and a latest sale history of $492,000 in September 2024, this property presents a sound investment opportunity. The previous sale in December 2004 was at $300,000, demonstrating the consistent capital appreciation over the years.

For families with children, the property falls within the zone of two top-rated schools - St Joseph's School and Remarkables Primary School, both Decile 10 Full Primary schools, ensuring access to the best education in the area.

Updated on October 16, 2024