42 Muster Road, Jacks Point, Queenstown Lakes

Nestled in the serene Jacks Point, at 42 Muster Road, this residential property is a perfect blend of comfort and potential. It boasts a freehold title, with a floor area of 254sqm and a land area of 499sqm. Constructed with mixed materials for the walls and iron for the roof, this 5-bedroom home is in a good condition both inside and out. The property is served by a single carpark and features a level contour, making it an ideal setup for a home and income opportunity.

Since 2017, the capital value has seen an impressive increase of 6.94%, jumping from $315,000 to the current $2,500,000 as of September 2021. The HouGarden AVM estimates the property's worth at $2,512,500, while the latest sale history shows transactions at $1,880,000 in 2024 and $325,000 in 2018, highlighting the property's consistent growth in value.

For families with children, the property falls within the zone of two primary schools. St Joseph's School in Queenstown is a decile 10 school, while Te Kura Whakatipu o Kawarau also offers a full primary education. These educational facilities add significant value to the property, making it an attractive investment for families.

Updated on September 04, 2024