10/643 Frankton Road, Queenstown, Queenstown Lakes

Nestled in the serene Alpine Village villas, this 1-bedroom, 1-bathroom unit with a single carpark presents an inviting opportunity. Constructed in 2007 with concrete walls and an iron roof, both in good condition, the property boasts a floor area of 117sqm and is governed by a Unit Title. The property's Capital Value (CV) has seen a growth of 6.45% from $620,000 in July 2017 to $660,000 as of September 2021. The latest sale was recorded at $724,500 on July 13, 2024, while the HouGarden AVM estimates the property's worth at $640,000.

With a CV on the rise and a prime location, this residence is within a 5-minute drive from the ski fields, Queenstown CBD, and the airport. It's situated in a quiet cul-de-sac with a private walkway to the lakeside and a bus stop nearby. The extra-large double garage offers potential for renovation, adding a second bedroom, or converting into a recreational space. The property falls within the decile 10 school zones of Queenstown Primary and St Joseph's School, ensuring top-notch education for the family.

Whether you seek a ski chalet, holiday home, rental investment, or a low-maintenance residence, this property is a rare gem in Queenstown. The motivated owners are ready for a quick sale, making this an opportunity not to be missed.

Updated on August 14, 2024