35 Wesney Terrace, Kingston, Queenstown Lakes

Nestled in the serene cul-de-sac of 35 Wesney Terrace, Kingston, within the picturesque Queenstown Lakes, lies this inviting 2-bedroom, 1-bathroom residence, built in 1980 on a freehold land of 1,224sqm. The property boasts an iron roof and walls in good condition, a single carpark, and a floor area of 74sqm. The site enjoys an easy/moderate rise contour, and the potential it holds is immense. The capital value has seen a staggering increase of 71.43% from $420,000 in July 2017 to $720,000 as of September 2021. The HouGarden AVM estimates the property at $700,000, while the latest sales in 2024 and 2008 were recorded at $850,000 and $315,000 respectively.

For families, the property falls within a desirable school zone with excellent educational facilities. The prospect of subdividing the large section or adding another dwelling (subject to consent) makes it an attractive investment. The charming stream at the rear and the views of the lake from the deck and living area only add to the allure. With Kingston's relaxed lifestyle, proximity to the shore, and easy access to Frankton and Queenstown International Airport, this property is not just a home but a wise investment for the future.

Kingston's sought-after street presents an opportunity to plan your next move, whether it's retiring, renovating, or investing in a property that's not only valuable but also holds great potential for capital growth.

Updated on August 21, 2024