4d-K Lake Avenue, Frankton, Queenstown Lakes

Nestled in the serene cul-de-sac of Lake Avenue, Frankton, this residential unit exudes a cozy charm with its mixed-material construction, both in walls and roof. Built in 1960, the property boasts an average condition throughout, sitting on an easy-to-moderate contour. It features a single bathroom, one carpark, and a modest floor area of 39 square meters under the Unit Title ownership.

With a notable increase of 30.65% in its Capital Value from $310,000 in July 2017 to $405,000 as of September 2021, this property also carries a HouGarden AVM of $402,500. The latest sale on October 2, 2024, sets an impressive record at $560,000, reflecting a promising investment potential.

For families with children, the property falls within the highly sought-after school zones of St Joseph's School and Remarkables Primary School, both decile 10 Full Primary schools, ensuring top-notch education for young learners.

Updated on November 13, 2024