Nestled in the prestigious Fernhill, this 1980-built freehold property at 41 Greenstone Place boasts a spacious floor area of 340sqm on a steeply contoured 728sqm section. The exterior features mixed materials for the walls and iron for the roof, both in good condition. The layout includes 6 bedrooms, 2 bathrooms, and 2 car parks, with an intriguing three-level design that offers multiple living areas, outdoor entertainment spaces, and a self-contained 2-bedroom flat. The property has a capital value of $1,590,000 as of September 2021, showing a significant increase of 31.4% from its $1,210,000 value in July 2017. The HouGarden AVM estimates the property at $1,552,500, while the latest sales were in 2007 for $825,000 and in 1998 for $310,000.
For families, the property falls within the highly rated school zones of Queenstown Primary School and St Joseph's School, both decile 10. This home and income opportunity is perfect for investors or those looking to transform this majestic Fernhill property into their dream home, with stunning views of Lake Wakatipu and the Remarkables Mountain Range.
Currently tenanted, this property offers the chance for a periodic tenancy or vacant possession upon settlement. Don't miss the opportunity to view this unique Fernhill home, ready for renovation and waiting to become an absolute dream property with some of the best views New Zealand has to offer.
Updated on August 06, 2024