Nestled in the serene Masons Court of Lower Shotover, Queenstown Lakes, this nearly new, freehold property is a gem for families and investors alike. Constructed in 2018 with a mix of materials for the walls and iron for the roof, this well-maintained home boasts 4 bedrooms, a spacious floor area of 193 square meters, and a levelled land area of 657 square meters. It includes a single car park and a super-functional layout with open-plan living, a modern kitchen, and a ducted heating system for winter comfort. The property's Capital Value (CV) has seen a remarkable increase of 25.53% from $940,000 in July 2017 to $1,180,000 as of September 2021. The HouGarden AVM estimates the property at $1,185,000, while the latest sales were recorded at $1,140,000 in 2019 and $1,540,000 in 2024, indicating a strong market trend.
For families with children, the property falls within the zone of two decile 10 schools, St Joseph's School and Shotover Primary School, ensuring top-notch education. The nearly new one-bedroom flat, with its separate entrance and privacy, adds to the income potential with a strong rental return. This property offers a fantastic opportunity to secure a foothold in the desirable Shotover Country, with easy access to trails, transport, shopping, the airport, and the Queenstown CBD, all within minutes of reach.
With its sunny north-facing outdoor areas, fully fenced yard, and low maintenance appeal, this home and income property is a rare find in such a convenient location. Prospective buyers are encouraged to act swiftly to secure this attractive investment in Shotover Country.
Updated on September 25, 2024