4e-G Lake Avenue, Frankton, Queenstown Lakes

Nestled in the serene Lake Avenue, this residential unit at 4e-G Lake Avenue, Frankton, Queenstown Lakes, boasts a favorable unit title with a floor area of 24 square meters and a single carpark. Constructed in 1960, the property features mixed materials for both the roof and exterior walls, which are in average condition. The capital value has seen a significant increase from $300,000 in July 2017 to $395,000 as of September 2021, reflecting a growth rate of 31.67%.

As for the valuation, the property's HouGarden AVM stands at $362,500, with the latest sale recorded on November 8, 2024, at $385,000. This indicates a stable and promising property market for the area.

Educationally, the property falls within the zone of two highly rated full primary schools, St Joseph's School and Remarkables Primary School, both with a decile rating of 10. This makes it an ideal choice for families with school-aged children.

Updated on December 11, 2024