1/11 Gum Lane, Queenstown, Queenstown Lakes

Nestled in the serene Gum Lane, this 3-bedroom unit with a Unit Title, offers a picturesque view that has made it an object of desire. Constructed in 2006 with mixed materials for the walls and iron for the roof, this property stands in good condition both inside and out. It boasts a floor area of 185 square meters and comes with 2 carparks. The sharp layout spans three levels, with the middle floor featuring an open plan living and kitchen, leading out to a balcony that frames the deep waters of Lake Wakatipu and the majestic mountains. The top level is dedicated to a spacious master bedroom with an ensuite and a lounge area, while the lower level has two bedrooms, a bathroom, and a laundry. For warmth, a combination of a log burner, heat pump, and heat transfer system provides both comfort and economy. The property has seen a 47.06% increase in Capital Value from $850,000 in July 2017 to $1,250,000 as of September 2021. The HouGarden AVM estimates it at $1,260,000, and the latest sales were at $1,800,000 in July 2024 and $1,170,000 in May 2020, showcasing its investment potential. This property falls within the decile 10 school zones of both Queenstown Primary School and St Joseph's School, ensuring top-notch education for the family.

Updated on September 11, 2024