3 Dublin Street, Queenstown, Queenstown Lakes

Nestled in the serene cul-de-sac of 3 Dublin Street, Queenstown, this freehold property boasts a charming three-bedroom, two-bathroom layout with an additional sleepout, set on a spacious 576sqm block. Constructed in 1950 with roughcast walls and an aluminium roof, it presents an average condition with easy/moderate fall contour. The 126sqm floor area is complemented by a sunny patio, private hot tub, and a single carpark, making it an ideal blend of comfort and functionality. Notably, the property's Capital Value (CV) has seen a remarkable increase of 47% from $1,430,000 in July 2017 to $2,100,000 as of September 2021, echoing its investment potential. The HouGarden AVM estimates the property at $1,920,000, with the latest sale recorded at $2,120,000 in October 2024, a testament to its consistent growth.

With a CV history that speaks volumes about its investment allure, this property is further enhanced by its location within a high-density zone, boasting a 365-day visitor accommodation consent. It is in close proximity to the Queenstown Primary and St Joseph's Schools, both rated a perfect 10 in the decile system, ensuring top-notch education for the family. The site's potential is further amplified by proposed zoning changes, making it a golden opportunity for investors looking to capitalize on Queenstown's thriving property market.

When it comes to location, this property is second to none, with excellent access to the CBD and Queenstown Gardens. It's not just a home but a gateway to the enjoyment and wealth creation in New Zealand's most sought-after destination. Fully furnished and inclusive of GST, this is a chance to own a piece of Queenstown's paradise, perfect for those seeking both lifestyle and investment returns.

Updated on December 04, 2024