Nestled in the serene cul-de-sac of Goldridge Way, this charming 2-bedroom, 1-bathroom unit with a single carpark presents an ideal opportunity. Constructed in 1993 with iron roofing and wooden walls in good condition, this unit boasts an open-plan living area and is unfurnished, offering flexibility for the new occupant. The property, with a floor area of 77 square meters and a steep rise contour, is under the Unit Title ownership. Notably, the capital value has seen a growth of 6.59% from $455,000 in July 2017 to $485,000 as of September 2021. The latest sale was recorded at $570,000 on July 19, 2024, while the HouGarden AVM estimates the property at $475,000.
For families with children, the property falls within the zone of the highly rated Queenstown Primary School and St Joseph's School, both decile 10 institutions. This unit is not only conveniently located near bus stops, providing easy access to Queenstown and Frankton, but also represents a smart investment with a rental potential of $260 per week.
With a total move-in cost of $1,599, including a 4-week bond, 1 week rent in advance, and letting fees, this property is a rare find at such a competitive price point. Don't miss out on this opportunity in the sought-after Wakatipu Basin area.
Updated on August 28, 2024