4f Lake Avenue, Frankton, Queenstown Lakes

Nestled at 4f Lake Avenue, Frankton, within the scenic Queenstown Lakes, this residential ownership home unit boasts a serene environment. Constructed in 1960 with mixed materials for both the walls and roof, the property presents an average condition throughout. It features a single bathroom, one carpark, and a modest floor area of 24 square meters. The ownership type is a Unit Title, ensuring a clear and manageable form of property holding.

Since 2017, the capital value has seen a significant increase of 31.67%, reaching $395,000 by September 2021. The HouGarden AVM estimates the property's worth at $362,500, closely aligning with the latest sale on October 24, 2024, at $380,000. This upward trend in the capital value highlights the investment potential of this property.

For families with children, the property falls within the zone of two highly rated schools - St Joseph's School and Remarkables Primary School, both Decile 10 institutions, ensuring access to quality education.

Updated on December 18, 2024