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402 Frankton Road, Queenstown, Queenstown Lakes, 6 āļŦāđ‰āļ­āļ‡āļ™āļ­āļ™, 1 āļŦāđ‰āļ­āļ‡āļ™āđ‰āļģ, House

āļĢāļēāļ„āļēāļ‚āļēāļĒ: $1,520,000

āļ‚āļēāļĒāđ€āļĄāļ·āđˆāļ­ 2024 āļ›āļĩ 08 āđ€āļ”āļ·āļ­āļ™ 05 āļ§āļąāļ™

402 Frankton Road, Queenstown, Queenstown Lakes

6
1
89m2
496m2

Nestled at 402 Frankton Road, this residential dwelling on a freehold title boasts 6 bedrooms, 1 bathroom, and a single car park. Constructed in 1998 with roughcast walls and an iron roof in good condition, the property sits on a 496sqm land with a 89sqm floor area, enjoying an easy/moderate fall contour. The capital value has seen a rapid increase from $720,000 in July 2017 to $1,290,000 as of September 2021, reflecting a growth of 79%. The HouGarden AVM estimates the property at $1,300,000, with the latest sales recorded at $1,520,000 in August 2024 and $1,198,000 in December 2020. This property is not just a home but a versatile investment, ideal for those seeking high returns with options for long-term, short-term rentals, or a combination of both.

For families, the property falls within the highly rated school zones of Queenstown Primary School and St Joseph's School, both decile 10. The location is convenient, placed between the bustling hubs of Queenstown and Frankton, with easy access to public transport and amenities. This turnkey property, complete with a cozy fireplace, outdoor living area with a fire pit and spa, and scenic lake views, is a golden opportunity waiting to be seized.

With its dual-key feature, privacy is assured in the two separate studio bedrooms with en-suite bathrooms at the rear 'Modbox'. Whether you choose to live in, rent out, or enjoy the best of both worlds, this property promises substantial rewards and a delightful living experience.

Updated on October 02, 2024

āļ‚āđ‰āļ­āļĄāļđāļĨāļĢāļąāļāļšāļēāļĨ

āļ‚āđ‰āļ­āļĄāļđāļĨāļ­āļąāļ›āđ€āļ”āļ•āđ€āļĄāļ·āđˆāļ­: 2025 āļ›āļĩ 01 āđ€āļ”āļ·āļ­āļ™ 15 āļ§āļąāļ™
āļĄāļđāļĨāļ„āđˆāļēāļāļēāļĢāļāđˆāļ­āļŠāļĢāđ‰āļēāļ‡$600,000āđ€āļžāļīāđˆāļĄāļ‚āļķāđ‰āļ™ 104% āđ€āļĄāļ·āđˆāļ­āđ€āļ—āļĩāļĒāļšāļāļąāļšāļ›āļĩ 2017
āļĄāļđāļĨāļ„āđˆāļēāļ—āļĩāđˆāļ”āļīāļ™$690,000āđ€āļžāļīāđˆāļĄāļ‚āļķāđ‰āļ™ 61% āđ€āļĄāļ·āđˆāļ­āđ€āļ—āļĩāļĒāļšāļāļąāļšāļ›āļĩ 2017
CV āļĢāļąāļāļšāļēāļĨ(2021 āļ›āļĩ 09 āđ€āļ”āļ·āļ­āļ™)$1,290,000āđ€āļžāļīāđˆāļĄāļ‚āļķāđ‰āļ™ 79% āđ€āļĄāļ·āđˆāļ­āđ€āļ—āļĩāļĒāļšāļāļąāļšāļ›āļĩ 2017
āļ§āļīāļ§Focal Point Of view - Water
āļ„āļ§āļēāļĄāļĨāļēāļ”āļŠāļąāļ™Easy/Moderate Fall
āļ‚āļ™āļēāļ”āļ—āļĩāđˆāļ”āļīāļ™496mÂē
āļžāļ·āđ‰āļ™āļ—āļĩāđˆāđƒāļŠāđ‰āļŠāļ­āļĒ89mÂē
āļ›āļĩāļ—āļĩāđˆāļŠāļĢāđ‰āļēāļ‡1998
āļŦāļĄāļēāļĒāđ€āļĨāļ‚āđ‚āļ‰āļ™āļ”OT17D/1043
āļ›āļĢāļ°āđ€āļ āļ—āđ‚āļ‰āļ™āļ”Freehold
āļ„āļģāļ­āļ˜āļīāļšāļēāļĒāļ—āļēāļ‡āļāļŽāļŦāļĄāļēāļĒLOT 2 DP 25872
āļŠāļ āļēāđ€āļĄāļ·āļ­āļ‡Queenstown Lakes
āļ„āļģāļ­āļ˜āļīāļšāļēāļĒāļāļĢāļĢāļĄāļŠāļīāļ—āļ˜āļīāđŒFSIM,1/1,LOT 2 DEPOSITED PLAN 25872,496m2
āļ‚āđ‰āļ­āļāļģāļŦāļ™āļ”āļāļēāļĢāļāđˆāļ­āļŠāļĢāđ‰āļēāļ‡External Walls: Roughcast
Roof: Iron
āļŠāļ āļēāļžāļ­āļēāļ„āļēāļĢExternal Walls: Good
Roof: Good
āļāļēāļĢāļ§āļēāļ‡āļœāļąāļ‡āđ€āļĄāļ·āļ­āļ‡Low Density Residential Zone

āđ€āļ„āļĢāļ·āļ­āļ‚āđˆāļēāļĒāđ‚āļĢāļ‡āđ€āļĢāļĩāļĒāļ™

āļŠāļ·āđˆāļ­
āļĢāļ°āļĒāļ°āļ—āļēāļ‡
āļ›āļĢāļ°āđ€āļ āļ—
āļĢāļ°āļ”āļąāļšāļŠāļąāđ‰āļ™
āļĨāļąāļāļĐāļ“āļ°
āđ€āļžāļĻ
Score
Decile
St Joseph's School (Queenstown)
1.87 km
āļ›āļĢāļ°āļ–āļĄāļĻāļķāļāļĐāļē
1-8
āđ‚āļĢāļ‡āđ€āļĢāļĩāļĒāļ™āļĢāļąāļāļšāļēāļĨ
āđ‚āļĢāļ‡āđ€āļĢāļĩāļĒāļ™āļŠāļŦāļĻāļķāļāļĐāļē
EQI: 389
10
Queenstown Primary School
2.30 km
āļ›āļĢāļ°āļ–āļĄāļĻāļķāļāļĐāļē
1-8
āđ‚āļĢāļ‡āđ€āļĢāļĩāļĒāļ™āļĢāļąāļāļšāļēāļĨ
āđ‚āļĢāļ‡āđ€āļĢāļĩāļĒāļ™āļŠāļŦāļĻāļķāļāļĐāļē
EQI: 403
10

āļšāļąāļ™āļ—āļķāļāļ›āļĢāļ°āļ§āļąāļ•āļīāļ—āļĢāļąāļžāļĒāđŒāļŠāļīāļ™

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āļ„āļļāļ“āļĒāļąāļ‡āđ„āļĄāđˆāđ„āļ”āđ‰āđ€āļ‚āđ‰āļēāļŠāļđāđˆāļĢāļ°āļšāļš HouGarden!

āļāļēāļĢāļžāļąāļ’āļ™āļēāļ­āļŠāļąāļ‡āļŦāļēāļĢāļīāļĄāļ—āļĢāļąāļžāļĒāđŒ

āļāļēāļĢāļ§āļēāļ‡āļœāļąāļ‡āđ€āļĄāļ·āļ­āļ‡:Low Density Residential Zone
āļžāļ·āđ‰āļ™āļ—āļĩāđˆāļ”āļīāļ™:496mÂē
āļ›āļĢāļ°āđ€āļ āļ—āđ‚āļ‰āļ™āļ”āļ—āļĩāđˆāļ”āļīāļ™:Freehold
āļ—āļĩāđˆāļžāļąāļāļĢāļąāļāļšāļēāļĨ

āļŠāļīāđˆāļ‡āļ­āđāļēāļ™āļ§āļĒāļ„āļ§āļēāļĄāļŠāļ°āļ”āļ§āļāđ‚āļ”āļĒāļĢāļ­āļš

āļ‚āđ‰āļ­āļĄāļđāļĨāđ€āļ‚āļ•āđāļĨāļ°āļšāļĢāļīāđ€āļ§āļ“āđƒāļāļĨāđ‰āđ€āļ„āļĩāļĒāļ‡āļ‚āļ­āļ‡Frankton Road

āļŠāļīāļ™āđ€āļŠāļ·āđˆāļ­

āļāļēāļĢāļ‚āļēāļĒāļĢāļ­āļšāļ‚āđ‰āļēāļ‡

āļ—āļĩāđˆāļ­āļĒāļđāđˆāļ–āļ™āļ™
āļĢāļ°āļĒāļ°āļ—āļēāļ‡
āļˆāļģāļ™āļ§āļ™āļŦāđ‰āļ­āļ‡āļ™āļ­āļ™
āļˆāļģāļ™āļ§āļ™āļŦāđ‰āļ­āļ‡āļ™āđ‰āļģ
āļžāļ·āđ‰āļ™āļ—āļĩāđˆāļ­āļēāļ„āļēāļĢ
āđ€āļ§āļĨāļēāļ—āļĩāđˆāļ‚āļēāļĒ
āļĢāļēāļ„āļēāļ‚āļēāļĒ
āđāļŦāļĨāđˆāļ‡āļ‚āđ‰āļ­āļĄāļđāļĨ
418 Frankton Road
0.06 km
3
1
88m2
2024 āļ›āļĩ 12 āđ€āļ”āļ·āļ­āļ™ 18 āļ§āļąāļ™
-
Council approved
8 Stone Ridge Place, Queenstown
0.57 km
4
2
240m2
2024 āļ›āļĩ 11 āđ€āļ”āļ·āļ­āļ™ 01 āļ§āļąāļ™
$1,975,000
Council approved
12/67 Andrews Road, Queenstown
0.24 km
2
112m2
2024 āļ›āļĩ 10 āđ€āļ”āļ·āļ­āļ™ 23 āļ§āļąāļ™
$867,500
Council approved
18 Woodbury Rise, Queenstown
0.73 km
4
110m2
2024 āļ›āļĩ 09 āđ€āļ”āļ·āļ­āļ™ 25 āļ§āļąāļ™
$1,100,000
Council approved
0.31 km
3
166m2
2024 āļ›āļĩ 09 āđ€āļ”āļ·āļ­āļ™ 17 āļ§āļąāļ™
$1,100,000
Council approved

āļ„āļēāļ”āļ§āđˆāļēāļ„āļļāļ“āļ™āđˆāļēāļˆāļ°āļŠāļ­āļš

āļ­āļąāļ›āđ€āļ”āļ•āļĨāđˆāļēāļŠāļļāļ”ïžš-