Located at 13/2326 Cardrona Valley Road, Cardrona, Queenstown Lakes, this commercial accommodation property boasts 2 bedrooms, 1 bathroom, and spans across a floor area of 93m². Despite lacking carpark space and land area, the unit, constructed in 2005, features wood wall construction and an iron roof, both in good condition. The property operates under a Unit Title ownership.
From a financial perspective, the property has seen a significant increase in capital value, growing from $365,000 in July 2017 to $530,000 in September 2021, marking a 45.21% increase. The latest HouGarden AVM estimates the property's value at $510,000. It last sold on January 19, 2024, for $725,000, a substantial rise from its previous sale price of $320,000 on November 3, 2016.
In terms of education, the property falls within the zone of Te Kura O Take Karara, a contributing school with a top decile rating of 10, ensuring quality education for residents.
Updated on April 06, 2024.