138 Lagoon Avenue, Albert Town, Queenstown Lakes

Embrace the charm of 138 Lagoon Avenue, a 2-bedroom, 1-bathroom haven nestled in the serene Albert Town, Queenstown Lakes. This freehold property, built in 1970 with iron roofing and wooden walls, stands on a levelled 903sqm of land. The interior is graced with an open-plan living area, cozy bedrooms with built-ins, and a family-friendly bathroom, all kept comfortable year-round by a wood burner and heat pump. The government's capital value has seen a staggering increase from $420,000 in 2017 to $760,000 in 2021, reflecting an impressive growth rate of 80.95%. The HouGarden AVM estimates the property at $740,000, while the latest sale in 2019 was for $620,000. This residence falls within the decile 10 Te Kura O Take Karara school zone, ensuring top-notch education for the family.

With a CV increase that outpaces the norm, this property is not just a home but a sound investment. The recent valuation and sales history paint a clear picture of its rising worth. The opportunity to renovate, extend, or build on this generous section is an added bonus, making it an attractive prospect for any buyer.

For families with school-aged children, the Te Kura O Take Karara school's contributing status and high decile rating provide a solid foundation for education. The combination of a desirable location, a well-maintained home, and a promising investment future makes 138 Lagoon Avenue a legacy waiting to be claimed.

Updated on August 20, 2024