Nestled in the serene Arrowtown, this 1-bedroom, 1-bathroom residence with a single carpark is a gem in the heart of Queenstown Lakes. Constructed with sturdy iron roofing and well-maintained wooden walls, this cross-lease property at 3/23 Inverness Crescent offers a floor area of 60 square meters. The capital value has seen a significant increase from $580,000 in July 2017 to $700,000 as of September 2021, reflecting a growth of 20.69%. The property, valued at $695,000 by HouGarden AVM, also boasts a latest sale history of $765,000 in October 2024, and $270,000 in August 2015. This home, renovated by the award-winning local firm Assembly Architects in 2017, is an epitome of modern comfort with a heat pump, underfloor heating, and new double glazed windows.
With a CV increase that speaks volumes about its investment potential, this property is not just a home but a smart investment. It's situated in a level contour, with a fenced yard and a sizeable storage shed, making it an ideal lock and leave holiday home or a perfect retirement abode. The location is further enhanced by its proximity to high decile schools, with both Arrowtown School and St Joseph's School (Queenstown) being 10-minute walk away, offering a quality education within the zone.
Enjoying a sunny aspect all year round, this residence is a perfect blend of style and convenience. A flat 2-minute walk to the local Four Square and a 10-minute stroll to the vibrant main street with its array of bars, restaurants, and shops, this property is not just a home, it's a lifestyle. Make this stylish, low maintenance property your own and embrace the Arrowtown charm.
Updated on November 07, 2024