2 Sherwin Avenue, Albert Town, Queenstown Lakes

Nestled on an esteemed corner site of approximately 834sqm in the coveted Albert Town, this 2004-built, freehold property boasts a capital value that has seen a growth of nearly 60% from $770,000 in July 2017 to $1,230,000 as of September 2021. The residence, featuring a brick exterior and iron roof in good condition, offers 5 bedrooms, 2 carparks, and a floor area of 247sqm. The open-plan living space extends to a covered patio and veranda, providing privacy and views of Mount Iron. The master bedroom includes an ensuite and walk-in wardrobe, while three additional bedrooms have built-in wardrobes. The property is complemented by a family bathroom, separate toilet, and a double-car garage. It is valued at $1,180,000 by HouGarden AVM, with the latest sales recorded at $1,431,000 in March 2024 and $1,302,000 in December 2021.

With a CV increase of 59.74% over four years, this property is not only an attractive investment but also a desirable home. It is located near the lagoon, Clutha River, and local shops, enhancing its convenience and lifestyle appeal. The property is within the Te Kura O Take Karara school zone, a contributing school with a decile rating of 10, ensuring top-quality education for the family.

Whether you're looking for a holiday retreat, a starter home, or a family residence, this property on Sherwin Avenue is a simply sublime choice.

Updated on April 11, 2024